108 Kelly Rd, Niceville, FL 32578-1825
This exceptional commercial property in Niceville, Florida offers 12,000 square feet of flexible space, divisible into units as small as 2,000 square feet. The property consists of two buildings totaling 12,000 square feet on a 0.71-acre lot. Building one features a combination of showroom/reception area, office space, and warehouse space with both dock-high and grade-level loading access. A functional loft area significantly increases storage capacity. Building two is a 100% office layout, ideal for professional services or government contractors. The property boasts 25 total parking spaces, one drive-in door, and one loading dock. Built in 2003, this two-story structure is zoned C-2 General Commercial and is located at 108 Kelly Rd, Niceville, FL 32578 in Okaloosa County. Its prime location offers excellent visibility and accessibility, situated adjacent to State Road 20 and State Road 85, providing easy access to Eglin Air Force Base, Destin-Fort Walton Beach Airport, and major transportation routes throughout the Florida Panhandle. This property presents a unique opportunity for businesses seeking versatile and strategically located space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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