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Property profile & analytics
OFF-MARKET
Office Spaces

124 Mary Esther Dr Mary Esther, FL 32569

25,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Total area 25,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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