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    431 Racetrack NW Rd Fort Walton Beach, FL 32547-1555
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    Property profile & analytics

    431 Racetrack NW Rd, Fort Walton Beach, FL 32547-1555

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    • Retail space
    • 5,670 SF
    • 0.37 lot acres
    Off-Market
    Last Sale Aug 30, 2022
    $475,000
    Property ID
    US18-5208528
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Independent Flooring / Carpet & Flooring Store
    • Independent Flooring and Blinds / Carpet & Flooring Store / Hardware & Home Improvement

    Property Details for 431 Racetrack NW Rd

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    0.37 lot acres
    Property type
    Retail space
    APN
    03-2S-24-0000-0039-0000
    APU
    032S24000000390000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 30, 2022 $475,000 431 Racetrack LLC Harland S Bazzell Warranty Deed $346k · Independent Flooring LLC

    Description

    This exceptional 5,670 square foot freestanding industrial flex space is ideally situated on Racetrack Road in Fort Walton Beach, Florida, offering unparalleled visibility and accessibility. The property boasts a compelling blend of showroom and warehouse space, perfectly suited for a variety of businesses. The building features approximately 2,500 square feet of showroom and office space, highlighted by a glass storefront providing excellent curb appeal. Multiple offices, a convenient kitchen/break area, and two restrooms cater to employee needs. The remaining 3,000 square feet comprises a functional warehouse area, complete with a single roll-up door for easy loading and unloading. Ample parking accommodates large trucks and trailers, ensuring seamless logistics. A fenced rear lot provides valuable additional outdoor storage space. The property is a single-tenant building with an attractive rental structure of $12 per square foot base rent, plus $2 per square foot in NNN fees, resulting in a total monthly rent of $6,813.45 (plus sales tax). This turnkey solution offers a fantastic opportunity for businesses seeking a high-profile location with a functional and versatile layout. The property's APN is 03-2S-24-0000-0039-0000 and is located in Okaloosa County. One drive-in bay is available.


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    Location Insight

    • Map
    • Local Demand
    City
    Fort Walton Beach
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.6352
    Latitude
    30.4492
    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
    $3,772
    $190,579
    $114,137
    $304,716
    -
    $190,579
    $114,137
    $304,716
    More about this property
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