749 N Beal Pkwy Fort Walton Beach, FL 32547
This exceptional 100,000 square foot multi-use property, located at 749 N Beal Parkway in Florida County, presents a unique investment opportunity. The complex comprises nine separate buildings situated on a generous 8.67-acre lot, offering significant flexibility for a variety of commercial ventures. The property's diverse zoning allows for retail, office, and industrial uses, making it ideal for a single large tenant or multiple smaller businesses. Currently, the entire 100,000 square feet is available for lease, providing a blank canvas for a customized development plan. The existing buildings offer a blend of executive office spaces, flexible layouts adaptable to various needs, and ample warehouse space, catering to a broad spectrum of commercial requirements. This prime location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving area. The substantial lot size also allows for future expansion or redevelopment, presenting significant long-term growth potential. This is a rare opportunity to acquire a large, versatile commercial property with immediate occupancy and substantial upside. The property is offered as a multiple tenancy opportunity, allowing for diverse income streams. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.