6 11Th Ave Shalimar, FL 32579
- Commercial real estate
- 8,955 SF
- 0.31 lot acres
Current Use by Public Records
- MacAulay-Brown, Inc. / Engineering Consultant
- Okaloosa dept of public works / Pharmacy
- Vet Center Counseling / Veterans Center / Veterans Hospital
- Living Images Ultrasound Studio / Pregnancy Care Center / Medical Diagnostic Imaging Center
- Torch Technologies / Corporate Office
Property Details for 6 11Th Ave
- Year built
- 2006
- Construction
- FRAME
- Lot size
- 0.31 lot acres
- Property size
- 8,955 SF
- Property type
- Commercial real estate
- APN
- 05-2S-23-2080-0119-0260
- APU
- 052S23208001190260
Description
This exceptional 3,700 square foot commercial office suite, located at 6 Eleventh Avenue Unit G-4 in Shalimar, Florida, presents a unique opportunity for businesses seeking a strategic location and convenient amenities. Situated just east of Eglin Parkway, this property offers unparalleled access to city and county government offices, as well as nearby military installations, making it an ideal choice for firms and professional practices requiring efficient workspace and proximity to key stakeholders. The suite is part of a well-maintained office plaza, ensuring a professional and welcoming environment for clients and employees alike. A significant advantage is the readily available parking
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,520,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,520,000
- 6.5%
- $3,445,000
- 7%
- $3,715,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,010,000
- Geo Method
- $3,985,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,505,000
- Retail
- $3,085,000
- Mixed-Use
- $3,980,000
- Hospitality
- $3,885,000
- Educational
- $3,630,000
- Residential Income
- $3,095,000
- Energy
- $3,830,000
- Income-Based Land
- $3,425,000
- Food Service
- $3,915,000
Location Insight
- Map
- Local Demand
- City
- Shalimar
- County
- Okaloosa
- State
- Florida
- Longitude
- -86.5777
- Latitude
- 30.4468
- CBSA code
- 18880
- CBSA name
- CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA