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Niceville, FL

Retail

Niceville, FL Retail Properties & Spaces for Sale

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Valparaiso, FL Shalimar, FL Destin, FL Freeport, FL Fort Walton Beach, 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.

This listing looks promising.

Here's a quick look at some key insights for

4641 Highway 20, Niceville, FL 32578

View Property Analytics

Est. Cap Rate

3.4%
NOI ÷ price
Est. NOI

$43K
Annual
Price @ 7% Cap

$616K
Suggested

View Property Analytics

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.

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Niceville, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

Emerald Coast Office/Retail Space

Emerald Coast Office/Retail Space

36164 Emerald Coast Pkwy, Destin, FL 32541

Contact for pricing

3,380 sqft

1,086 SF office/retail space near Destin's attractions and beaches.

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

Multi-Tenant Retail Center Corner

Multi-Tenant Retail Center Corner

11275 Emerald Coast Parkway, Miramar Beach, FL 32550

$7,900,000

28,000 sqft

28,000 SF, 11-unit retail center in Destin/Miramar Beach is fully leased and positioned at a major intersection.

Retail Center in Miramar Beach

Retail Center in Miramar Beach

11275 Emerald Coast Parkway, Miramar Beach, FL 32550

$9,500,000

28,000 SF retail center, fully leased, high-traffic location.

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.

Bayfront Parcel in Niceville, FL

Bayfront Parcel in Niceville, FL

FL-20, Niceville, FL 32578

$379,000

0.78 AC lot

0.78-acre bayfront parcel with residential/commercial zoning and dock rights.

Rare Santa Rosa Beach Development Land

Rare Santa Rosa Beach Development Land

1939 Mack Bayou Road, Santa Rosa Beach, FL 32459

$4,995,000

13.02 AC lot

13-acre development opportunity in Santa Rosa Beach, Florida.

Prime Commercial Land in Florida

Prime Commercial Land in Florida

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

$2,395,000

2.10 AC lot

2.118-acre commercial land with highway frontage in Santa Rosa Beach.

Waterfront Mixed-Use Land Assemblage

Waterfront Mixed-Use Land Assemblage

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

$6,950,000

2.47 AC lot

Two contiguous waterfront parcels with MX-2 mixed-use zoning and frontage on both the Sound and Miracle Strip Parkway.

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.

RETAIL STORES (PERSONAL SERVICES)

703 Powell Dr, Niceville, FL 32578-2040

Value Estimation by Request

1,942 sqft 0.23 AC lot

115 Partin N Dr

DRIVE-THRU RESTAURANT, FAST FOOD

115 Partin N Dr, Niceville, FL 32578-2055

Value Estimation by Request

2,056 sqft 0.38 AC lot

RETAIL STORES (PERSONAL SERVICES)

4641 Hwy 20, Niceville, FL 32578-9792

Value Estimation by Request

1,225 sqft 0.62 AC lot

RETAIL STORES (PERSONAL SERVICES)

1475 30th St, Niceville, FL 32578-2500

Value Estimation by Request

1,964 sqft 0.11 AC lot

CONVENIENCE STORE

4200 Hwy 20, Niceville, FL 32578-9751

$1,825,000

Estimated value

7,044 sqft 0.78 AC lot

RETAIL STORES (PERSONAL SERVICES)

400 Reeves St, Niceville, FL 32578-2800

$1,500,000

Estimated value

1,144 sqft 10.50 AC lot

117 Cedar N Ave

RETAIL STORES (PERSONAL SERVICES)

117 Cedar N Ave, Niceville, FL 32578-1263

Value Estimation by Request

1,808 sqft 0.17 AC lot

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

1170 John Sims E Pkwy

RESTAURANT

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

Value Estimation by Request

3,149 sqft 0.62 AC lot

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

213 Palmetto Ave

AUTO REPAIR, GARAGE

213 Palmetto Ave, Niceville, FL 32578-1927

Value Estimation by Request

2,656 sqft 0.40 AC lot

CAR WASH

4567 Hwy 20, Niceville, FL 32578-9702

$795,000

Estimated value

5,376 sqft 1.02 AC lot

AUTO REPAIR, GARAGE

216 Kelly Rd, Niceville, FL 32578-1827

Value Estimation by Request

3,476 sqft 0.21 AC lot

RETAIL STORES (PERSONAL SERVICES)

822 Spence Cir, Niceville, FL 32578-1845

$3,125,000

Estimated value

15,360 sqft 2.84 AC lot

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

CONVENIENCE STORE

4612 Hwy 20, Niceville, FL 32578-9788

$1,330,000

Estimated value

4,216 sqft 0.53 AC lot

1415 Partin N Dr

SERVICE SHOP (TV, ELECTRIC, PLUMBING)

1415 Partin N Dr, Niceville, FL 32578-1460

Value Estimation by Request

1,950 sqft 0.17 AC lot

209 John Sims W Pkwy

AUTO REPAIR, GARAGE

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

Value Estimation by Request

1,553 sqft 0.67 AC lot

AUTO REPAIR, GARAGE

207 Kelly Rd, Niceville, FL 32578-1826

Value Estimation by Request

3,220 sqft 0.30 AC lot

13882 State Hwy 20

RETAIL STORES (PERSONAL SERVICES)

13882 State Hwy 20, Niceville, FL 32578-8346

$1,355,000

Estimated value

2,578 sqft 0.74 AC lot

100 Redwood Ave

CONVENIENCE STORE

100 Redwood Ave, Niceville, FL 32578-2817

$1,230,000

Estimated value

6,880 sqft 0.65 AC lot

208 Government Ave

RETAIL STORES (PERSONAL SERVICES)

208 Government Ave, Niceville, FL 32578-1807

Value Estimation by Request

2,660 sqft 0.55 AC lot

Niceville, FL Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Niceville, FL 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 start at $1,275,000, averaging $1,275,000, and reaching up to $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

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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