Catylist ID:
#30868692
| Catylist Listing ID: | 30868692 |
| Property Subtypes: | Retail, Retail-Pad, Vacation/Resort |
| Gross Land Area: | 1.18 Acres |
| Sale Price: | $1,399,000 |
| Unit Price: | $1,185,593 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/3/2024 |
Overview / Comments
|
Discover an exceptional opportunity with this waterfront outparcel now on offer in Ft. Walton Beach, FL. Boasting an enviable location along Eglin Parkway, with a traffic count of 46,500 AADT, and is nestled adjacent to the esteemed TownePlace Suites by Marriott, this property presents an ideal setting for commercial development. Zoned as Mixed Use (MU), the outparcel offers a versatile canvas for a wide array of potential uses. Spanning approximately 1.18 acres, it features a generous 78 feet of frontage along Eglin Parkway, ensuring prominent visibility and accessibility. Strategically positioned merely a short 4-minute drive from Eglin Air Force Base (EAFB), one of the region's largest employment hubs, this location offers unparalleled convenience. With 4,500 active-duty members and 8,500 civilians employed at Eglin Air Force Base, the outparcel stands poised to capitalize on the area's bustling economic activity. Moreover, its proximity to key amenities such as Publix, Choctawhatchee High School, hospitals, and downtown Ft. Walton Beach further enhances its appeal, promising to draw in both residents and visitors alike. |
Attachments & Media
Additional Details
| Nearest MSA: | Crestview-Fort Walton Beach-Destin |
| County: | Okaloosa |
| Tax ID/APN: | 06-2S-23-0000-0037-0000 |
| Zoning: | MIXED USE |
| Property Located Between: | N Eglin Pkwy & Garniers Bayou |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Eglin Pkwy |
| Airports: | Destin-Ft Walton Beach Airport |
| Zoning Description: | Mixed Use |
| Topography: | Level |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,104 | 51,140 | 67,006 |
| Median Age: | 39.85 | 40.12 | 38.69 |
| Households: | 3,096 | 22,225 | 28,131 |
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