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Property profile & analytics
FOR SALE
Manufacturing properties

658 Lovejoy Rd NW Fort Walton Beach, FL 32548

3,549 SF 0.52 ac lot Built 1973
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US18-7240469
Property summary
AI-generated overview

This exceptional 2,241-square-foot flex space presents a fantastic opportunity for businesses seeking a centrally located warehouse or storage solution in Fort Walton Beach's thriving industrial park. The property boasts a single-tenant occupancy, offering privacy and control. Access is convenient with one standard door and a sizable 10x12 roll-up door, facilitating efficient loading and unloading of goods. The property is well-suited for a variety of uses, from light manufacturing to storage and distribution. A significant advantage is the inclusion of utilities within the rental cost, simplifying budgeting and operational expenses. While the space is ideal for many businesses, it's important to note that there is no restroom on-site. This property is ready for immediate occupancy and offers a cost-effective solution for businesses seeking a functional and strategically positioned industrial space in a vibrant commercial area. Its convenient location within the industrial park provides easy access to major transportation routes and other essential business services. The combination of size, accessibility, and included utilities makes this a highly attractive option for a range of industrial and storage needs.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1973
Construction STEEL FRAME
Total area 3,549 SF
Lot 0.52 ac (22,651 SF)
APN 08-2S-24-0000-0002-0020
UPID US18-7240469
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
  • Odd Jobs Willie Hardware & Home Improvement General Contractor
  • South Eastern Audio Solutions LLC Electronics & Wireless Store Big Box & Wholesale Store
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
Michael K Sims · 8 yrs held
Michael K Sims
since 2017
3 recorded transactions
2017
Price N/A
1998
$100,000
1997
$165,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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