4495 Furling LnDestin, FL 32541
- Retail properties
- 32,395 SF
Property Details for 4495 Furling Ln
- Year built
- 2016
- Construction
- STEEL FRAME
- Lot size
- 0.37 AC
- Property size (Sq ft)
- 32,395 SF
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 00-2S-22-0880-0000-0040
- APU
- 002S22088000000040
Description
This exceptional 5,000 square foot retail space is available for lease within the prestigious City Market Bayside Shopping Plaza. Situated on the second floor of a Class A, two-story building constructed in 2016, this shell space offers unparalleled potential for customization. The building boasts a total of 31,588 square feet across one building on a 0.37-acre lot. Convenient elevator access is available. The property's prime location along Highway 98 ensures high visibility and accessibility, benefiting from an average daily traffic count of 53,000 vehicles. The City Market Bayside Shopping Plaza enjoys significant foot traffic and is anchored by a diverse range of established businesses including Tropical Smoothie Café, Orange Theory Fitness, Lux Exchange, and Women’s Health of the Emerald Coast. This strategic location offers proximity to Hurlburt & Eglin Air Force Bases, Crystal Beach Shopping Plaza, Destin Commons, numerous golf courses, the stunning Emerald Coast beaches, and a variety of entertainment options. The property's APN is 00-2S-22-0880-0000-0040. This is a rare opportunity to establish a thriving business in a high-traffic, desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,449,486
- 6.5%
- $5,953,372
- 7%
- $5,528,130
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,525,243
- Geo Method
- $5,803,460
-
Alternative Use
- Use
- Valuation
- Residential
- $5,021,892
- Hospitality
- $4,600,026
- Educational
- $3,827,167
- Medical
- $3,958,790
- Retail
- $5,953,372
Location Insight
- City
- Destin
- County
- Okaloosa
- State
- Florida
- Latitude
- 30.3876
- Longitude
- -86.4049
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].