Fort Walton Beach, Florida Commercial Real Estate 7 Listings

Fort Walton Beach, Florida: A Premier Destination for Commercial Real Estate

Introduction

Fort Walton Beach, Florida, offers a dynamic environment for commercial real estate (CRE) investments. With a population of approximately 22,000, this city is part of the larger Fort Walton Beach-Crestview-Destin Metropolitan Statistical Area. The local economy is heavily influenced by defense, tourism, and aerospace sectors, making it a unique and attractive market for various CRE asset classes. Its strategic location along the Emerald Coast provides unparalleled opportunities for investors and businesses alike.

Economic and Industry Overview

Fort Walton Beach's economy is driven by key industries such as aerospace, defense, and tourism. The presence of Eglin Air Force Base significantly impacts the demand for office and industrial properties. Additionally, the tourism industry, fueled by beautiful beaches and a mild climate, supports a thriving retail market. The city's economic development is supported by agencies like the Okaloosa County Economic Development Council, which promotes growth initiatives and provides resources for businesses.

Strategic Location and Transportation Infrastructure

Fort Walton Beach boasts a robust transportation infrastructure that enhances its commercial real estate appeal:

Highways: The city is accessible via U.S. Highways 98 and 85, providing easy connections to surrounding markets.
Airports: The Destin-Fort Walton Beach Airport (VPS) offers commercial flights and supports air cargo operations, enhancing logistics capabilities.
Proximity to Naval and Air Force installations increases access to skilled labor.

These transportation assets make Fort Walton Beach a strategic location for businesses seeking efficient distribution networks and access to labor pools.

Commercial Real Estate Inventory & Zoning

The commercial real estate landscape in Fort Walton Beach is diverse:

Submarkets: The city comprises key areas such as the Central Business District and industrial corridors along the highway routes.
Asset Classes: There is a mix of industrial, retail, office, and medical properties catering to various business needs.
Zoning: The city provides incentives for development, with information available through the Fort Walton Beach Zoning Map.

Fort Walton Beach's supportive zoning environment and incentives make it an attractive destination for developers.

Major Employers and Institutions

Fort Walton Beach is home to several major employers, including:

Eglin Air Force Base: A significant driver of economic activity and real estate demand.
Okaloosa County School District: One of the largest employers in the region.
L3 Technologies: A leader in aerospace and defense technologies.

These institutions generate demand for office, industrial, and retail properties. More details can be found in the Fort Walton Beach Business Directory.

Notable Commercial Developments & Projects

Key developments in Fort Walton Beach include:

Mixed-Use Projects: Initiatives that combine residential, retail, and commercial spaces.
Opportunity Zones: Areas designated for economic revitalization, offering tax incentives for development.

Public-private partnerships further enhance the city's commercial prospects, with planning details available on the Fort Walton Beach Planning Department.

Building Permits, Planning, and Development Tools

Developers and investors can access various tools and resources:

These resources facilitate efficient planning and development processes in Fort Walton Beach.

Market Data & Economic Reports

Public data sets and economic reports provide insights into the Fort Walton Beach CRE market:

Brevitas leverages AI-powered aggregation from these sources, offering investors comprehensive dashboards for market analysis.

Why Use Brevitas for Fort Walton Beach, Florida CRE?

Brevitas offers a suite of tools and features tailored for Fort Walton Beach CRE:

AI-Driven Discovery: Find properties matching specific criteria with ease.
Real-Time Market Alerts: Stay updated with the latest listings and market trends.
Smart Property Pages & Dealroom Collaboration: Streamline property marketing and transaction management.
Exclusive Listings & Premium Exposure: Enhance visibility and reach for your properties.

With Brevitas, real estate professionals can effectively navigate the Fort Walton Beach CRE market, leveraging advanced technology for successful investments.

Fort Walton Beach, Florida Commercial Real Estate 7 Listings

Fort Walton Beach, Florida: A Premier Destination for Commercial Real Estate

Introduction

Economic and Industry Overview

Strategic Location and Transportation Infrastructure

Commercial Real Estate Inventory & Zoning

Major Employers and Institutions

Notable Commercial Developments & Projects

Building Permits, Planning, and Development Tools

Market Data & Economic Reports

Why Use Brevitas for Fort Walton Beach, Florida CRE?

223 Hwy 98

Vacant Big Box - Available For Sale or Lease

334 Bluefish Drive 1-6

Murphy Oil

326 Green Acres Road

65 and 67 SE Beal Parkway

Hanger Clinic | 28-Yr Tenant | Value-Add, Pro Forma Upside

Types In Florida

Cities In Florida