124 Mary Esther Dr Mary Esther, FL 32569
This exceptional 25,000 square foot executive office complex is strategically located at 124 Hwy 98 in Mary Esther, Florida, 32569. Situated between Hurlburt Field Air Force Base and the Mary Esther Cutoff, this property enjoys high visibility and convenient access for employees and clients. The building comprises sixteen individual office units, currently occupied by a diverse mix of tenants including defense contractors, medical professionals, and other businesses. This presents a stable and attractive investment opportunity with a proven track record of occupancy. The asking price for this turnkey operation is $4,300,000. The property's location in Okaloosa County, Florida, offers a thriving business environment and a strong local economy. This is an ideal acquisition for investors seeking a well-established, income-producing asset in a prime location with a diverse tenant base. The building's size and layout provide flexibility for future expansion or adaptation to changing market demands. The property's strong tenant mix and strategic location make it a compelling investment opportunity with significant potential for long-term growth and return. Detailed financial information and tenant occupancy details are available upon request.
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
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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.