Technical
Financial
Distress signals
Property profile

982 Airport Rd Destin, FL 32541

OFF-MARKET
Investment properties
Property ID
US18-4306417
2,140 SF 0.02 ac lot Built 2004
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 920-square-foot Class A office space is situated within a well-maintained three-building office complex at 982 Airport Road, Unit A, in Destin, Florida. The property offers a highly desirable location, ideal for businesses seeking a professional and accessible environment. The unit itself is part of a larger complex, ensuring a well-established and reputable business address. The building boasts modern amenities and finishes, reflecting its Class A designation. The specific features and layout of the 920 square foot space are available upon request. Given its location in Destin, Florida, the property benefits from excellent visibility and convenient access to major transportation routes, making it an attractive option for companies needing easy commutes for employees and clients. The asking price for this exceptional office space is $1,288,000. This represents a significant opportunity to acquire a high-quality commercial property in a thriving market. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this outstanding office space. Further details regarding lease terms and conditions are available upon request. The property is zoned for general commercial use.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,140 SF
Lot 0.02 ac (900 SF)
APN 00-2S-22-5331-0000-1320
UPID US18-4306417

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

982 Airport Rd Destin, FL 32541-2885
Destin metro Census 23305 CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2004
1 recorded transaction
2004
$249,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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