Sold
768 E John Sims Parkway
Niceville FL, 32578
$850,000
Sold
Commercial
Freestanding 2 story office / retail building centrally located in Niceville, FL. This 5-unit commercial building is fully leased to tenants such as MJ's Coffee, Comfort Keepers & American Fence. Each of the 5 units are separately metered for Power & Water. A new standing seam metal roof was added in 2017 and is in great shape. This concrete block building is very well built, and the location gives amazing visibility to all its tenants. The current traffic count from FDOT is 38,000 cars per day. The site is .32 acres and has 16 parking spaces on property. There is a current handshake deal for additional parking on an adjacent property to the north. A proforma rent roll shows a Net Operating Income of $65,000, which provides a 7% CAP Rate.
942324
MLSⓇ ID
February 14, 2024
Listed
May 17, 2024
Updated
Map
768 E John Sims Parkway
Niceville FL, 32578
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.32 Acres
Other Property Details
Area Name
13 - Niceville
Days on Market
47
Garage
No
View
No
County
Okaloosa
Pool
No
Listing History
Date | Event | Price |
---|---|---|
5/17/2024 | Sold | $850,000 |
4/1/2024 | Pending | — |
3/25/2024 | Active | — |
3/2/2024 | Pending | — |
Courtesy of Taylor Allen Properties LLC, Chad Knaepple,
Listing Contact: 850-687-4075
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Data last updated 10:40 PM UTC, 5/17/2024