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    401 Mary Esther Blvd Mary Esther, FL 32569
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    Property profile & analytics

    401 Mary Esther Blvd Mary Esther, FL 32569


    • Retail space
    • 5,910 SF
    • 0.57 lot acres
    +/- 6,000 SF Retail Space For Lease For Lease
    $18 SF/Yr

    +/- 6,000 SF Retail Space For Lease

    +/- 6,000 SF Retail Space For Lease

    401 Mary Esther Blvd, Mary Esther, FL 32569
    View Listing
    Property ID
    US18-1742205
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,365,000
    Cap Rate Potential
    5.7%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Greenpath Debt Counseling / Law Firm / Financial Advisor
    • Cash America Pawn / Discount Store / (Bike/Boat/Book/etc) Store
    • GameStop / Arcade & Gaming Center / Electronics & Wireless Store
    • Xi Beauty & Hair Supply / (Bike/Boat/Book/etc) Store / Cosmetic Store
    • Re-Sale Financial LLC / Business To Business Service / Courier Service

    Property Details for 401 Mary Esther Blvd

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.57 lot acres
    Property size
    5,910 SF
    Property type
    Retail space
    APN
    16-2S-24-0291-0007-012F
    APU
    162S2402910007012F

    Description

    This exceptional retail opportunity presents approximately 6,000 square feet of space available for lease in a vibrant Okaloosa County location. Situated at the signalized intersection of Mary Esther Boulevard and Bryn Athyn Road, this property benefits from high visibility and significant traffic, boasting an impressive 24,500 AADT. The building, constructed in 1998, previously housed a Cash America Pawn shop and features two convenient roll-up doors, ideal for various retail operations. Ample parking is available for customers and employees. This single-tenant space is part of a strip center, sharing the location with established businesses such as Game Stop and a Cell Phone Repair shop, creating a synergistic retail environment. The property sits on a 0.76-acre lot and is zoned C-2, offering flexibility for a range of retail uses. The property's location at a busy intersection ensures maximum exposure to potential customers, making it an ideal location for businesses seeking high foot traffic and visibility. The parcel number is 16-2S-24-0291-0007-012F. This is a rare opportunity to secure a well-located, spacious retail property in a thriving commercial area. Don't miss out on this chance to establish your business in a prime location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,490,000
      ML approach
      $1,530,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,415,000
      6.5%
      $1,305,000
      7%
      $1,215,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,734,000
      Market price range: $498k - $1.73M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,135,000
      Current use
      COMMERCIAL (GENERAL)
      $1,455,000
      Change: +28% Conversion: Easy
      RESTAURANT
      $1,255,000
      Change: +11% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $925,000
      Change: -18% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $910,000
      Change: -20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mary Esther
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6529
    Latitude
    30.4179
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,255
    $467,976
    $246,298
    $714,274
    -
    $467,976
    $246,298
    $714,274
    View Listing
    More about this property
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