31 Bay Rd And Nys Rte, Cicero, NY 13039
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.
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.