206 Stokes Ave
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206 Stokes Ave
3 Industrial Properties Offered at $725,000 in Fort Walton Beach, FL
Investment Highlights
- High growth area
- Owner-User or Investment
- Access to AFB and other industrial users
Executive Summary
New to the market is the light industrial property at 206 Stokes Ave in Ft. Walton Beach. The 3 buildings totaling 2,400sf each are subdivided into 6 units of 1,200sf for a total of 7,200sf. The middle building will be delivered vacant while the two exterior buildings are on a month-to-month lease.
This western quadrant of Ft. Walton Beach is experiencing significant growth with a planned residential development at the intersection of Lovejoy Rd and Hill Ave, a Frito Lay distribution facility at the end of Lovejoy Rd, new businesses expanding on Anchors Street, and a new extended stay hotel coming on MLK. Be a part of this newest developing area in the market.
This western quadrant of Ft. Walton Beach is experiencing significant growth with a planned residential development at the intersection of Lovejoy Rd and Hill Ave, a Frito Lay distribution facility at the end of Lovejoy Rd, new businesses expanding on Anchors Street, and a new extended stay hotel coming on MLK. Be a part of this newest developing area in the market.
Property Facts
| Price | $725,000 | Number of Properties | 3 |
| Price / SF | $100.69 / SF | Individually For Sale | 0 |
| Cap Rate | 4.97% | Total Building Size | 7,200 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.36 AC |
| Status | Active |
| Price | $725,000 |
| Price / SF | $100.69 / SF |
| Cap Rate | 4.97% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 7,200 SF |
| Total Land Area | 1.36 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building 3A/3B
206 Stokes Ave NW, Fort Walton Beach, FL 32548 |
Industrial | 2,400 SF | 1986 | - |
|
Building 1A/1B
206 Stokes Ave, Fort Walton Beach, FL 32548 |
Industrial | 2,400 SF | 1986 | - |
|
Building 2A/2B
206 Stokes Ave NW, Fort Walton Beach, FL 32548 |
Industrial | 2,400 SF | 1986 | - |
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Dustin Parkman -
NBI Properties, Inc.
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206 Stokes Ave
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