919 - 923 Skipper Avenue, Fort Walton Beach, FL 32547

$2,000,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 67,954 Status: Sold
Current Price: $1,999,999 List Date: 1/10/2022 Last Modified: 10/13/2024

Description

Existing office / warehouse project containing 3 free-standing buildings with attached fenced yard space. These 3 buildings make up 29,993 SF total and sit on 1.56 acres. This property is located in NE Fort Walton Beach just off of Racetrack Road along Skipper Avenue. Access to Racetrack Road is controlled via traffic signal. The property sits along a quiet street with other light industrial uses. 1st building (923 Skipper) is occupied by Henderson Electric. They've been in business for well over 40 years in this market. They occupy 12,785 SF and have approximately 4.5 years remaining on their initial term. Their facility has approximately 2500 SF office space and 10,000 SF warehouse space with 4 roll up doors. 2nd building (921 Skipper) has an existing lease with Professional ----

More Information MLS# 858329

None

Current Price: $2,000,000

Status Change Info

Status: Sold Under Contract Date: 2022-01-03 Sold Date: 2022-02-14 Sold Price: $2,000,000

Contract Info

GCCMLS Number: 30662653 List Date: 2020-10-30 List Price: $1,999,999 Listing Board: Emerald Coast

Location Tax and Legal

Area: 12 - Fort Walton Beach Street #: 919 - 923 Street Name: Skipper Avenue State: FL Zip Code: 32547 County: Okaloosa Parcel ID: 01-2S-24-1120-0001-0040; 01-2S-24-1120-0001-0010

General Property Info

Listed on GCCMLS: Yes Vacant: No Immediate Occupancy: No Acreage: 1.56

Income Producing

Building SqFt: 29993 Net Operating Income: 171439 Cap Rate: 8.6 Property Type: Industrial

Industrial

# Ground Level Doors: 9 Property Type: Flex Space

Property Features

Class: Income Producing; Industrial Construction Status: Existing
Listing Office: Taylor Allen Properties LLC
Last Updated: October - 13 - 2024
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

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