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    OFF-MARKET
    Land

    31 Bay Rd And Nys Rte, Cicero, NY 13039

    130,151 SF 2.99 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional two-story, 24,820-square-foot Class B office building presents a unique investment opportunity in Okaloosa County's prestigious Technology Park. Strategically located between Hurlburt Field's Special Operations Command Center and Eglin Air Force Base, this property enjoys a prime location within a landmark business park renowned for its service to national defense companies for over three decades. The entire 24,820 square feet is currently vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. The building boasts ample parking with 70+ spaces conveniently located at the rear. Previously occupied by Boeing, this versatile space is well-suited for a variety of administrative businesses or call centers seeking secure, professional office accommodations. The 1.8-acre lot provides ample space and potential for future expansion. This is a rare opportunity to acquire a substantial office building in a highly sought-after location with a rich history of supporting defense-related industries. The building's size and location make it ideal for a large company seeking a single location or multiple smaller businesses looking for a collaborative environment.

    Property profile
    Verified
    Property type Land
    Total area 130,151 SF
    Lot 2.99 ac (130,244 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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