Shalimar, Florida Commercial Real Estate 1 Listing

Shalimar, Florida: A Premier Destination for Commercial Real Estate

Introduction

Shalimar, Florida, offers a unique and compelling opportunity for commercial real estate (CRE) investors and professionals. Nestled in Okaloosa County, this small yet strategically important city benefits from a robust local economy driven by various industry clusters, including defense, tourism, and technology. Shalimar's proximity to key military installations and the Gulf of Mexico enhances its position as a burgeoning CRE market.

Economic and Industry Overview

Shalimar's economy is anchored by the defense sector, largely due to its proximity to Eglin Air Force Base, one of the largest military installations in the United States. This has spurred demand for office and industrial spaces to support defense contractors and ancillary services. Additionally, the tourism industry, fueled by the scenic beauty of Florida's Emerald Coast, drives retail and hospitality real estate development. Regional initiatives, such as those from the Okaloosa County Economic Development Council, continue to foster an environment conducive to business growth and CRE demand.

Strategic Location and Transportation Infrastructure

Shalimar benefits from excellent transportation links, crucial for CRE logistics and accessibility. The city is served by major highways such as U.S. Route 98, providing seamless connectivity to the broader Gulf Coast region. The nearby Destin-Fort Walton Beach Airport offers regional and national flights, enhancing business travel and logistics. Additionally, the Florida Department of Transportation provides comprehensive information on state transportation infrastructure.

Commercial Real Estate Inventory & Zoning

Shalimar's commercial real estate landscape is diverse, with significant opportunities in several key submarkets. The central business district (CBD) offers a mix of office and retail spaces, while industrial opportunities abound in nearby areas. The city supports innovation districts and medical office developments, driven by local demand. Recent zoning changes have introduced incentives for sustainable and mixed-use developments. Explore the Okaloosa County Zoning Maps for detailed zoning information.

Major Employers and Institutions

Key employers in Shalimar include the Eglin Air Force Base and its associated contractors, which significantly influence CRE demand. The city also benefits from nearby educational institutions such as Northwest Florida State College, which bolster the local economy and demand for multifamily and mixed-use developments. Visit the Okaloosa County Business Directory for more information on local employers.

Notable Commercial Developments & Projects

Recent developments in Shalimar include mixed-use projects and master-planned communities that cater to the growing population and business interests. Opportunity Zones in the area present significant investment potential, supported by public-private partnerships. For detailed planning information, consult the Okaloosa County Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Shalimar offers a range of resources to facilitate the planning and development process. Access the Okaloosa County Building and Safety Department, permitting portals, and the GIS Parcel Map Viewer for comprehensive development tools. The Okaloosa County Development Code provides detailed regulatory guidance.

Market Data & Economic Reports

Public data sets from sources such as Census.gov and the city's open data portals offer valuable insights into Shalimar's economic landscape. Brevitas leverages AI-powered aggregation from these public data sources and internal insights to provide detailed market analytics. Explore Brevitas-powered dashboards for Shalimar to gain deeper market understanding.

Why Use Brevitas for Shalimar, Florida CRE?

Brevitas stands out as the preferred platform for discovering and transacting CRE in Shalimar, Florida. Our AI-driven tools offer real-time market alerts, smart property pages, and collaborative dealroom capabilities. Unique features include: