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Property profile & analytics
OFF-MARKET
Commercial land

1321 Lewis Turner Blvd Fort Walton Beach, FL 32547-1137

516 SF 0.66 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-0977827
Property summary
AI-generated overview

This exceptional 0.87-acre commercial land parcel is ideally situated at 1321 Lewis Turner Boulevard in Fort Walton Beach, Florida, zip code 32547. Located in Okaloosa County, this property presents a unique opportunity for development. The asking price is $700,000. Its prime location boasts excellent visibility and accessibility, with a daily traffic count exceeding 35,000 vehicles. The site offers convenient median access from the southbound lane of Lewis Turner Boulevard, making it highly attractive for businesses seeking strong exposure. This makes it particularly well-suited for a build-to-suit project, especially for a national quick-service restaurant (QSR) brand. The property's size, combined with its high traffic volume and prominent location, ensures significant potential for return on investment. While the listed square footage is 37,897, this refers to potential buildable area and not the current land improvements. This is a blank canvas for a developer seeking a high-impact location in a thriving area of Florida. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Total area 516 SF
Lot 0.66 ac (28,904 SF)
APN 34-1S-24-0000-0023-0000
UPID US18-0977827
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
S & S Development Of Northwest Fl L · 2 yrs held
S & S Development Of Northwest Fl L
since 2023
Last sale
$443,000
7 recorded transactions
2024
Price N/A
2023
$443,000
2019
$100
2018
$212,500
2015
Price N/A
2004
Price N/A
2004
$230,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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