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    Specialty properties

    355 Beal Pkwy, Fort Walton Beach, FL 32548

    3,409 SF 0.64 ac lot Built 1972
    Individually Owned 6-yr Hold Free & Clear
    Property ID
    US18-3392466
    Property summary
    AI-generated overview

    This single-tenant office building, totaling 3,271 square feet, is ideally situated at 355 Beal Pkwy NW in Fort Walton Beach, Florida, zip code 32548. Boasting approximately 229 feet of frontage on Beal Parkway, this property enjoys exceptional visibility with a daily traffic count of 33,000 vehicles. The building, constructed in 1972 and renovated the same year, is classified as Class B and sits on a 0.51-acre lot. The single-story structure features 14 parking spaces, but no elevators. Zoned C-3 (General Commercial), this versatile space offers a range of possibilities. Previously used as a medical office, it's well-suited for various professional office uses. The interior comprises a spacious waiting/reception area, eight private offices/exam rooms (two with en-suite restrooms), two staff support areas with sinks, and two restrooms conveniently located at each end of the building. Additional space includes several open and private areas for administrative functions, storage, or extra office space. A rear addition, accessible via a private entrance/exit, provides a large office with two smaller offices/storage rooms. The property's APN is 10-2S-24-2110-0003-0060. Located in the Fort Walton Beach submarket within the Crestview-Fort Walton-Destin cluster, this property presents a compelling opportunity for businesses seeking a prominent location with ample space and convenient amenities.

    Property profile
    Verified
    Property type Specialty properties
    Use group VETERINARY, ANIMAL HOSPITAL
    Year built 1972
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,409 SF
    Lot 0.64 ac (28,060 SF)
    APN 10-2S-24-2110-0003-0060
    UPID US18-3392466
    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
    Current use
    Occupant on record · Public records
    • The Discovery Tree Therapies, Llc Medical Clinic
    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
    Jessica L Villarreal · 6 yrs held
    Jessica L Villarreal
    since 2020
    7 recorded transactions
    2020
    $169,000
    2013
    $300,000
    2013
    2010
    2010
    2010
    2008
    $26,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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