870 Mack Bayou RdSanta Rosa Beach, FL 32459

Property Details for 870 Mack Bayou Rd

Year built

2004

Construction

FRAME

Lot size

0.96 AC

Property size (Sq ft)

5,843 SF

Property type

Office properties

Property subtype

Office buildings

APN

25-2S-21-42350-000-0130

APU

252S21423500000130

Description

This exceptional 2,012 square foot medical office suite is perfectly situated within the Bayou Creek Office Building on Mack Bayou Road in Walton County, Florida. The space is part of a larger 5,798 square foot Class B building and is currently available for lease, with occupancy commencing May 1st, 2024. The single-tenant suite offers a fantastic opportunity for medical professionals seeking a prestigious location. Its convenient proximity to Sacred Heart Medical Center in Santa Rosa Beach provides easy access to a significant patient base and collaborative opportunities. The building itself enjoys a thriving environment, already home to several established medical tenants. This presents a unique chance to join a reputable and successful medical community. The suite's ample square footage allows for flexible configuration to suit a variety of medical practices or office needs. The address is highly visible and easily accessible, ensuring excellent visibility and convenient access for patients and staff. This is an exceptional opportunity to establish or expand your medical practice in a prime location. Don't miss this chance to secure this desirable space. Inquire today for further details and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $791,345

  6.5%

  $730,472

  7%

  $678,295

• Comparable approach

  Method

  Valuation

  Relative Method

  $395,466

  Geo Method

  $415,379

• Alternative Use

  Use

  Valuation

  Residential

  $905,785

  Hospitality

  $829,694

  Educational

  $690,296

  Medical

  $714,036

  Retail

  $1,073,794

Location Insight

City

Santa Rosa Beach

County

Walton

State

Florida

Latitude

30.3888

Longitude

-86.304

CBSA code

18880

CBSA name

CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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