12805 Us Hwy 98 Vernon, FL 32462
This exceptional 3,000-square-foot retail space is ideally situated at 12805 US Hwy 98 E in Vernon, Florida, within Walton County (zip code 32462). The property offers a single-tenant occupancy opportunity, with the entire 3,000 square feet currently vacant and ready for immediate lease. Its location in the thriving Vernon area provides excellent visibility and accessibility for businesses seeking a presence in this desirable coastal community. The building's total square footage is 3,000 square feet, making it suitable for a variety of retail ventures. The property is classified as commercial retail and is situated in a prime location near Inlet Beach, known for its beautiful beaches and proximity to upscale communities like Rosemary Beach and Alys Beach. This area boasts a blend of serene coastal living and easy access to major hubs such as Panama City Beach and Destin, attracting both tourists and residents. The property's strategic location on US Hwy 98 E ensures high visibility and convenient access for customers. This presents a unique opportunity for businesses to establish a strong foothold in a rapidly growing and attractive market. The property is ready for immediate occupancy, allowing for a swift start to operations. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.