13123 Emerald Coast PkwyRosemary Beach, FL 32461
- Mixed-use properties
- 20,334 SF
Property Details for 13123 Emerald Coast Pkwy
- Year built
- 2015
- Construction
- STEEL FRAME
- Lot size
- 1.55 AC
- Property size (Sq ft)
- 20,334 SF
- Zone code
- HWY 98
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 36-3S-18-16100-000-0710
- APU
- 363S18161000000710
Description
This exceptional retail opportunity presents two available spaces, each approximately 1,900 square feet, within the Crossings at Inlet Beach shopping center. Located at 13123 E Emerald Coast Pkwy in Rosemary Beach, Florida (zip code 32461), this two-building, single-story complex boasts a total of 25,459 square feet across nine suites. Built in 2016, the property sits on a 3.69-acre lot and offers ample parking (4 spaces per 1,000 sq ft). The center enjoys a highly visible location on US Highway 98, providing excellent access to Scenic Highway 30A and the renowned Beaches of South Walton. This area experiences high traffic counts (30,000 average daily) and is surrounded by a high-income demographic within one of the fastest-growing counties in the US. The property's efficient design and convenient location make it ideal for a variety of retail, professional, or medical services. Currently, the center features a mix of home decor, design stores, and national brand service companies. Competitive lease terms are available. This is a unique chance to establish a presence in South Walton's upscale shopping district, benefiting from the area's rapid population growth and strong tourism.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,510,332
- 6.5%
- $3,240,307
- 7%
- $3,008,856
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,240,593
- Geo Method
- $2,240,593
-
Alternative Use
- Use
- Valuation
- Residential
- $3,240,307
- Hospitality
- $2,968,104
- Educational
- $2,469,428
- Medical
- $2,554,355
- Retail
- $3,841,332
Location Insight
- City
- Inlet Beach
- County
- Walton
- State
- Florida
- Latitude
- 30.2781
- Longitude
- -86.0062
- CBSA code
- 18880
- CBSA name
- CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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