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Niceville, FL

Retail

Niceville, FL Retail Space 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

Renovated Retail Building

Updated: Sep 15, 2025

Renovated Retail Building

95 John Sims Pkwy E, Niceville, FL 32578

Contact for pricing

6,774 sqft

6,774 SF retail building
Built in 1956 and renovated in 2020
Zoned Mixed Use
Great visibility

Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 2 Active listings in Niceville, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 Off-Market properties to explore as potential leads, plus 1 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.

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.

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.

Retail

Retail

12889 Emerald Coast Parkway Ste 108-109B, Miramar Beach, FL 32550

Contact for pricing

10,000 sqft

Retail space · 10,000 SF

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.

PUD-Zoned Commercial Land with Frontage

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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

Value Estimation by Request

1,942 sqft 0.23 AC lot

4641 Hwy 20

RETAIL STORES (PERSONAL SERVICES)

4641 Hwy 20, Niceville, FL 32578-9792

Value Estimation by Request

1,225 sqft 0.62 AC lot

1475 30th St

RETAIL STORES (PERSONAL SERVICES)

1475 30th St, Niceville, FL 32578-2500

Value Estimation by Request

1,964 sqft 0.11 AC lot

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

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

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

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

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

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

793 John Sims W Pkwy

RETAIL STORES (PERSONAL SERVICES)

793 John Sims W Pkwy, Niceville, FL 32578-1878

$600,000

Estimated value

5,193 sqft 0.30 AC lot

217 Government Ave

RETAIL STORES (PERSONAL SERVICES)

217 Government Ave, Niceville, FL 32578-1806

Value Estimation by Request

2,326 sqft 0.16 AC lot

123 Partin N Dr

RETAIL STORES (PERSONAL SERVICES)

123 Partin N Dr, Niceville, FL 32578-2055

$770,000

Estimated value

6,422 sqft 0.34 AC lot

4690 Hwy 20

RETAIL STORES (PERSONAL SERVICES)

4690 Hwy 20, Niceville, FL 32578-9794

Value Estimation by Request

5,451 sqft 0.88 AC lot

115 Bullock Blvd

RETAIL STORES (PERSONAL SERVICES)

115 Bullock Blvd, Niceville, FL 32578-2732

Value Estimation by Request

5,396 sqft 0.65 AC lot

1603 John Sims E Pkwy

RETAIL STORES (PERSONAL SERVICES)

1603 John Sims E Pkwy, Niceville, FL 32578-1709

Value Estimation by Request

3,376 sqft 0.24 AC lot

John Sims Pkwy

RETAIL STORES (PERSONAL SERVICES)

John Sims Pkwy, Niceville, FL 32578

$1,870,000

Estimated value

10,693 sqft 1.24 AC lot

4684 Hwy 20

RETAIL STORES (PERSONAL SERVICES)

4684 Hwy 20, Niceville, FL 32578-9794

$1,825,000

Estimated value

14,196 sqft 0.34 AC lot

777 John Sims E Pkwy

RETAIL STORES (PERSONAL SERVICES)

777 John Sims E Pkwy, Niceville, FL 32578-2031

$600,000

Estimated value

4,848 sqft 0.35 AC lot

98 Hwy 85th N

RETAIL STORES (PERSONAL SERVICES)

98 Hwy 85th N, Niceville, FL 32578-1958

$525,000

Estimated value

4,125 sqft 0.27 AC lot

1405 Palm S Blvd

RETAIL STORES (PERSONAL SERVICES)

1405 Palm S Blvd, Niceville, FL 32578-3127

Value Estimation by Request

4,584 sqft 0.29 AC lot

1085 John Sims E Pkwy

RETAIL STORES (PERSONAL SERVICES)

1085 John Sims E Pkwy, Niceville, FL 32578-2751

$730,000

Estimated value

7,000 sqft 0.35 AC lot

Cat-mar E Dr

RETAIL STORES (PERSONAL SERVICES)

Cat-mar E Dr, Niceville, FL 32578

Value Estimation by Request

0.25 AC lot

Niceville, FL Retail Space Market Trends and Statistics

Explore 42 retail space for sale in Niceville, FL on our real estate platform. These investment opportunities span a total of 9,774 square feet of properties for sale, with an estimated market value of $1,275,000.

Sale prices for retail space 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

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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