You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

2 Eglin NE Pkwy Fort Walton Beach, FL 32548-4915

OFF-MARKET Commercial real estate Google Maps
12,345 SF 0.88 ac lot Built 1970
Entity Owned 2-yr Hold Free & Clear
Estimated value (blended)
$2.20M
Range $1.98M – $2.42M (±10%)
Property ID US18-2658591

Property summary

AI-generated overview

This exceptional 12,000-square-foot executive office space is ideally situated at the high-traffic corner of Eglin Parkway and Hollywood Boulevard in Fort Walton Beach, Florida. The single-tenant building sits on a 0.6-acre lot, offering ample space and visibility. Currently entirely vacant, this property presents a unique opportunity for a business seeking a prominent location in Okaloosa County. The building's total square footage is 12,000 square feet, all of which is available for immediate occupancy. The property type is classified as an office building, specifically an executive office suite, making it suitable for a variety of professional uses. Its location in Fort Walton Beach provides easy access to major roadways and a thriving business community. The property is ready for immediate occupancy, with an anticipated availability date of October 1st. This is a rare chance to secure a substantial, high-profile office space in a desirable location. The address is 2 NE Eglin Parkway, Fort Walton Beach, FL 32548. This presents a significant opportunity for a business seeking a substantial and well-located office space in a growing market. The property's size and location make it an ideal choice for a company looking to establish a strong presence in the area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1970
Construction CONCRETE
Total area 12,345 SF
Lot 0.88 ac (38,130 SF)
APN 13-2S-24-0000-0015-0000
UPID US18-2658591

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Publishing House Newspaper & Magazine
  • Carpet & Flooring Store
  • Carpet & Flooring Store Hardware & Home Improvement
  • Publishing House Newspaper & Magazine
  • General Contractor Renovation Specialist

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.20M
CAP Approach CAP
$2.31M
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$2.20M

Owner & transaction history

since 2024
Last sale
$2.2M
7 recorded transactions
2024
Price N/A
2024
$2.2M
2019
$100
2019
$100
2019
$100
2018
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $2.8M +25.3%
Restaurant $2.8M +24.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2 Eglin NE Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message