1321 Lewis Turner BlvdFort Walton Beach, FL 32547

  • Land
  • 516 SF
For Sale
$700,000 View listing

Property Details for 1321 Lewis Turner Blvd

Lot size
0.66 AC
Property size (Sq ft)
516 SF
Property type
Land
Property subtype
Commercial land
APN
34-1S-24-0000-0023-0000
APU
341S24000000230000

Description

This exceptional 0.87-acre commercial land parcel is ideally situated at 1321 Lewis Turner Boulevard in Fort Walton Beach, Florida, zip code 32547. Located in Okaloosa County, this property presents a unique opportunity for development. The asking price is $700,000. Its prime location boasts excellent visibility and accessibility, with a daily traffic count exceeding 35,000 vehicles. The site offers convenient median access from the southbound lane of Lewis Turner Boulevard, making it highly attractive for businesses seeking strong exposure. This makes it particularly well-suited for a build-to-suit project, especially for a national quick-service restaurant (QSR) brand. The property's size, combined with its high traffic volume and prominent location, ensures significant potential for return on investment. While the listed square footage is 37,897, this refers to potential buildable area and not the current land improvements. This is a blank canvas for a developer seeking a high-impact location in a thriving area of Florida. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $79,991
    Hospitality
    $73,271
    Educational
    $60,961
    Medical
    $63,057
    Retail
    $94,828
1321 Lewis Turner Blvd, Fort Walton Beach, Florida

Location Insight

City
Fort Walton Beach
County
Okaloosa
State
Florida
Latitude
30.4577
Longitude
-86.6352
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
$2,902
$234,421
-
$234,421
-
$234,421
-
$234,421

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