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Property profile & analytics
FOR SALE
Industrial properties

107 Truxton Ave Fort Walton Beach, FL 32547

8,720 SF 0.26 ac lot Built 1976
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US18-4575351
Property summary
AI-generated overview

This exceptional 8,700-square-foot commercial property in Fort Walton Beach, Florida, presents a unique opportunity for a single tenant. Located at 107 Truxton Ave, 32547, this versatile space seamlessly blends office and industrial functionality. The building boasts a desirable mix of uses, classified as Executive Office, Flex, and Warehouse space, making it ideal for a variety of businesses. The property features 4,000 square feet of office space, complete with two restrooms and showers, ensuring employee comfort and convenience. The remaining square footage comprises a spacious warehouse area, perfect for storage or manufacturing, featuring impressive 22-foot ceilings. Two 14' x 16' electric roll-up doors provide easy access for loading and unloading, while a fenced yard with an electric gate enhances security and privacy. The building underwent a complete renovation in 2021, resulting in a modern and well-maintained structure, including a new roof. Situated off Racetrack Road, this property offers excellent accessibility and visibility. The entire 8,700 square feet is currently vacant, providing immediate occupancy for the new tenant. This property is located in Okaloosa County.

Property profile
Verified
Property type Industrial properties
Use group HEAVY INDUSTRIAL
Year built 1976
Construction STEEL FRAME
Total area 8,720 SF
Lot 0.26 ac (11,424 SF)
APN 02-2S-24-0000-0013-0000
UPID US18-4575351
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ricky G White · 7 yrs held
Ricky G White
since 2018
3 recorded transactions
2023
Price N/A
2018
$100
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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