Retail

Niceville, FL Retail Properties & Spaces for Sale

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Valparaiso, FL Fort Walton Beach, FL Freeport, FL Shalimar, FL Destin, FL Miramar Beach, FL Santa Rosa Beach, FL Mary Esther, FL
Free-Standing Retail Building Investment
Updated: Jan 27
Free-Standing Retail Building Investment

4641 Highway 20, Niceville, FL 32578

$1,275,000
3,000 sqft
Strategic location in a high‑traffic area of Niceville, offering unparalleled visibility and accessibility.
Built in 2021, ensuring modern construction and durable finishes.
Easily subdivided into two separate retail spaces, providing flexibility for multi‑tenant occupancy or diverse business operations.
3,000 SF free‑standing building** allows for prominent branding and flexible tenant configurations.
Prime investment opportunity with strong long‑term appeal in a dynamic commercial landscape.
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Former Restaurant on John Sims
Updated: Nov 25, 2025
Former Restaurant on John Sims

297 John Sims Pkwy E, Niceville, FL 32578

Contact for pricing
Exceptional visibility with over 45,000 vehicles passing daily.
Strategic location on John Sims Parkway, a direct access route to Eglin Air Force Base.
Proximity to Eglin Air Force Base (3.5 miles from East Gate) with 40,000+ personnel.
Includes walk‑in freezer and cooler units.
Features an operational drive‑thru.
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Walgreen Absolute NNN Property
Walgreen Absolute NNN Property

4582 E Hwy 20, Niceville, FL 32578

Contact for pricing

Four-way signalized corner with drive-through access and direct frontage along E. Highway 20.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Niceville, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

3,600 SF Retail For Sale 115 Palmetto St
3,600 SF Retail For Sale 115 Palmetto St

15 Palmetto St, Destin, FL 32541

$1,095,000
4,021 sqft

3,600 SF Retail For Sale 115 Palmetto St

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Miramar Beach Retail Condominium
Miramar Beach Retail Condominium

12889 Hwy 98 W, Miramar Beach, FL 32550

Contact for pricing
7,254 sqft

7,254 SF retail condominium in Miramar Plaza for sale.

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Second-Floor Shell Suite with Amenities
Second-Floor Shell Suite with Amenities

4495 Furling Lane Unit 280, Destin, FL 32541

Contact for pricing

Second-floor shell suite with grease trap and plumbing, accessed via front stairs or rear elevator.

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Freestanding Flex Space with Loading Dock
Freestanding Flex Space with Loading Dock

12170 Us-98, Miramar Beach, FL 32550

$3,995,000

Freestanding commercial space combines finished showroom, offices, warehouse capacity, and semi-accessible loading infrastructure.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Coastal Center Commercial Land
Coastal Center Commercial Land

1939 Mack Bayou Road, Santa Rosa Beach, FL 32459

$4,995,000
13.02 AC lot

Commercial land with Coastal Center zoning adjacent to a golf course.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

+/-2.1 Acres US-98, Santa Rosa Beach, FL 32459

$2,395,000
2.10 AC lot

Vacant commercial parcel with US-98 frontage and a conceptual plan for medical and pharmacy uses.

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Commercial Land Tract
Commercial Land Tract

2671 Co Highway 83-A, Freeport, FL 32439

$10,783,200
90.00 AC lot

Large commercial land holding with cleared pasture, wildlife, and access along County Hwy 83A.

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Waterfront Land With Dual Frontage
Waterfront Land With Dual Frontage

54 SE Miracle Strip Parkway, Fort Walton Beach, FL 32548

$6,950,000
2.47 AC lot

Two contiguous parcels offer waterfront access, roadway exposure, and public sewer service near downtown Fort Walton Beach.

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Off-Market Properties in Niceville, FL

Consider similar Off-Market properties in Niceville, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

703 Powell Dr
RETAIL STORES (PERSONAL SERVICES)

703 Powell Dr, Niceville, FL 32578-2040

$280,000
Estimated value
1,942 sqft 0.23 AC lot
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115 Partin N Dr
DRIVE-THRU RESTAURANT, FAST FOOD

115 Partin N Dr, Niceville, FL 32578-2055

$300,000
Estimated value
2,056 sqft 0.38 AC lot
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4641 Hwy 20
RETAIL STORES (PERSONAL SERVICES)

4641 Hwy 20, Niceville, FL 32578-9792

$480,000
Estimated value
1,225 sqft 0.62 AC lot
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1475 30th St
RETAIL STORES (PERSONAL SERVICES)

1475 30th St, Niceville, FL 32578-2500

$215,000
Estimated value
1,964 sqft 0.11 AC lot
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4200 Hwy 20
CONVENIENCE STORE

4200 Hwy 20, Niceville, FL 32578-9751

$1,220,000
Estimated value
7,044 sqft 0.78 AC lot
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400 Reeves St
RETAIL STORES (PERSONAL SERVICES)

400 Reeves St, Niceville, FL 32578-2800

$1,500,000
Estimated value
1,144 sqft 10.50 AC lot
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117 Cedar N Ave
RETAIL STORES (PERSONAL SERVICES)

117 Cedar N Ave, Niceville, FL 32578-1263

$375,000
Estimated value
1,808 sqft 0.17 AC lot
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505 John Sims E Pkwy
AUTO REPAIR, GARAGE

505 John Sims E Pkwy, Niceville, FL 32578-2027

$1,010,000
Estimated value
6,338 sqft 0.84 AC lot
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1170 John Sims E Pkwy
RESTAURANT

1170 John Sims E Pkwy, Niceville, FL 32578-2204

$390,000
Estimated value
3,149 sqft 0.62 AC lot
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1955th Bluewater Blvd
SERVICE SHOP (TV, ELECTRIC, PLUMBING)

1955th Bluewater Blvd, Niceville, FL 32578

$1,050,000
Estimated value
7,194 sqft 48.06 AC lot
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213 Palmetto Ave
AUTO REPAIR, GARAGE

213 Palmetto Ave, Niceville, FL 32578-1927

$205,000
Estimated value
2,656 sqft 0.40 AC lot
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4567 Hwy 20
CAR WASH

4567 Hwy 20, Niceville, FL 32578-9702

$795,000
Estimated value
5,376 sqft 1.02 AC lot
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216 Kelly Rd
AUTO REPAIR, GARAGE

216 Kelly Rd, Niceville, FL 32578-1827

$465,000
Estimated value
3,476 sqft 0.21 AC lot
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822 Spence Cir
RETAIL STORES (PERSONAL SERVICES)

822 Spence Cir, Niceville, FL 32578-1845

$3,125,000
Estimated value
15,360 sqft 2.84 AC lot
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306 Government Ave
RETAIL STORES (PERSONAL SERVICES)

306 Government Ave, Niceville, FL 32578-1809

$545,000
Estimated value
2,612 sqft 0.58 AC lot
View details
4612 Hwy 20
CONVENIENCE STORE

4612 Hwy 20, Niceville, FL 32578-9788

$1,330,000
Estimated value
4,216 sqft 0.53 AC lot
View details
1415 Partin N Dr
SERVICE SHOP (TV, ELECTRIC, PLUMBING)

1415 Partin N Dr, Niceville, FL 32578-1460

$375,000
Estimated value
1,950 sqft 0.17 AC lot
View details
209 John Sims W Pkwy
AUTO REPAIR, GARAGE

209 John Sims W Pkwy, Niceville, FL 32578-1917

$500,000
Estimated value
1,553 sqft 0.67 AC lot
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207 Kelly Rd
AUTO REPAIR, GARAGE

207 Kelly Rd, Niceville, FL 32578-1826

$420,000
Estimated value
3,220 sqft 0.30 AC lot
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13882 State Hwy 20
RETAIL STORES (PERSONAL SERVICES)

13882 State Hwy 20, Niceville, FL 32578-8346

$1,280,000
Estimated value
2,578 sqft 0.74 AC lot
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100 Redwood Ave
CONVENIENCE STORE

100 Redwood Ave, Niceville, FL 32578-2817

$1,305,000
Estimated value
6,880 sqft 0.65 AC lot
View details

Niceville, FL Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Niceville, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $1,275,000.

Sale prices for stores in Niceville, FL average $1,275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 5
Storefront properties 2
Drug stores 1

Demographics Overview

Population 34K
Population Growth (5Y) +3.4%
Median Household Income $105,858
College Educated 34.1%

High-Yield Neighborhoods for Investment

Identify Niceville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
32578 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $18.63 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Okaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Okaloosa County

Residential Income

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