749 Beal PkwyFort Walton Beach, FL 32547

  • Industrial properties
  • 42,635 SF
For Lease

Property Details for 749 Beal Pkwy

Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
7.05 AC
Property size (Sq ft)
42,635 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
03-2S-24-0000-0203-0000
APU
032S24000002030000

Description

This exceptional 100,000 square foot multi-use property, located at 749 N Beal Parkway in Florida County, presents a unique investment opportunity. The complex comprises nine separate buildings situated on a generous 8.67-acre lot, offering significant flexibility for a variety of commercial ventures. The property's diverse zoning allows for retail, office, and industrial uses, making it ideal for a single large tenant or multiple smaller businesses. Currently, the entire 100,000 square feet is available for lease, providing a blank canvas for a customized development plan. The existing buildings offer a blend of executive office spaces, flexible layouts adaptable to various needs, and ample warehouse space, catering to a broad spectrum of commercial requirements. This prime location provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving area. The substantial lot size also allows for future expansion or redevelopment, presenting significant long-term growth potential. This is a rare opportunity to acquire a large, versatile commercial property with immediate occupancy and substantial upside. The property is offered as a multiple tenancy opportunity, allowing for diverse income streams. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,609,302
    Hospitality
    $6,054,085
    Educational
    $5,036,928
    Medical
    $5,210,156
    Retail
    $7,835,221
749 Beal Pkwy, Fort Walton Beach, Florida

Location Insight

City
Fort Walton Beach
County
Okaloosa
State
Florida
Latitude
30.441
Longitude
-86.6375
CBSA code
18880
CBSA name
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,206
$1,981,398
$1,023,848
$3,005,246
-
$1,981,398
$1,023,848
$3,005,246

FAQs

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