Property summary
Market Place of Santa Rosa presents a prime retail investment opportunity in the thriving Mary Esther, Florida market. This single-story, 87,250 square foot shopping center, built in 1983, is situated on a one-acre lot at 251 Mary Esther Boulevard, directly across from the Santa Rosa Mall. The property boasts a highly visible location on a major thoroughfare, Mary Esther Boulevard, a key corridor in Fort Walton Beach, ensuring excellent exposure to a large volume of traffic. The center features convenient access with three points of ingress and egress. Currently, there is 13,384 square feet of vacant space available, divisible into units as small as 1,200 square feet and with a maximum contiguous space of 8,384 square feet. The property is zoned C-2, making it suitable for a variety of retail uses. The center is anchored by a grocery store, providing a strong draw for customers. This presents a unique chance to establish or expand a business within a well-established and successful shopping center, benefiting from the existing high traffic volume and strong neighborhood presence. The property's location and features make it an ideal choice for businesses seeking high visibility and convenient access in a bustling retail environment. The Okaloosa County location offers a strong demographic profile and a growing consumer base. This is a rare opportunity to secure retail space in a highly desirable location.
Property profile
VerifiedCap rate & NOI
Current use
-
Grocery & Convenience Store Food Market
-
Hair Salon Nail Salon
-
Restaurant
-
Military Recruiting Office Air Force Base
-
Crypto Atm Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.