Property profile

658 NW Lovejoy Rd E-2 Fort Walton Beach, FL 32548

FOR LEASE
Manufacturing properties
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Property ID
US18-7240469
3,549 SF 0.52 ac Built 1973
Last sale Mar 1998·$100,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is an income-producing industrial facility located within the industrial park area of Fort Walton Beach. It includes a combination of office space and flex/warehouse space and consists of two parcels totaling 20,751 square feet of building area on an approximately 1-acre lot. The site is configured to support multiple commercial and light industrial uses, including flex space, warehouse/industrial operations, and office use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$231k
Assessed land$54k
Assessed improvement$177k
Effective rate1.39%

Value estimate

· Nov 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$903
Operating expenses−$3k
NOI · 761.65% cap applied$15k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$38 – $171

Cap rate analysis

How does the asset earn?
761.65%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.0
Law Firm16.9
Building Supply12.7

Location

658 NW Lovejoy Rd E-2 Fort Walton Beach, FL 32548
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42 Tupelo SE, Fort Walton Beach, FL 32548-5435 $1,850,000 Dec 2025 10,308 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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