128 John King RdCrestview, FL 32539

Property Details for 128 John King Rd

Year built

1995

Construction

STEEL FRAME

Lot size

0.86 AC

Property size (Sq ft)

9,148 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

32-3N-23-0000-0025-0000

APU

323N23000000250000

Description

This exceptional 8,040 square foot retail building, situated on a 0.86-acre lot in Okaloosa County, presents a fantastic investment opportunity. Located on John King Road, this single-tenant property boasts a highly desirable South-end location, ideal for a variety of professional uses, including medical offices. The building, constructed in 1995, has recently undergone renovations, ensuring modern amenities and a fresh aesthetic. The property is zoned Commercial and features a total of 8,040 square feet, with 1,000 square feet currently available for lease. The convenient location and updated condition make this property an attractive prospect for businesses seeking a well-maintained space in a thriving area. The property's Assessed Parcel Number (APN) is 32-3N-23-0000-0025-0000. This is a rare opportunity to acquire a well-positioned retail space in a high-demand area. The ample square footage and convenient location offer significant potential for growth and profitability. Don't miss this chance to secure a prime commercial property in Okaloosa County. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,821,266

  6.5%

  $1,681,168

  7%

  $1,561,085

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,560,269

  Geo Method

  $1,638,835

• Alternative Use

  Use

  Valuation

  Residential

  $1,418,128

  Hospitality

  $1,298,998

  Educational

  $1,080,751

  Medical

  $1,117,920

  Retail

  $1,681,168

Location Insight

City

Crestview

County

Okaloosa

State

Florida

Latitude

30.7219

Longitude

-86.5652

CBSA code

18880

CBSA name

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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