Niceville, FL 32578,768 E John Sims Parkway
Niceville, FL 32578,768 E John Sims Parkway
Niceville, FL 32578,768 E John Sims Parkway
Niceville, FL 32578,768 E John Sims Parkway
Niceville, FL 32578,768 E John Sims Parkway
Niceville, FL 32578,768 E John Sims Parkway
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$850,000

$925,000

8.1%
Est.Price: ?

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Est. payment /mo

4,866 SqFt


SOLD DATE : 05/17/2024

Key Details

Sold Price $850,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,866 sqft

Price per Sqft $174

MLS Listing ID 942324

Sold Date 05/17/24

Lot Size 0.320 Acres

Acres 0.32

Property Description

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.

Location

State FL

County Okaloosa

Area 13 - Niceville

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Listed by Taylor Allen Properties LLC
Bought with Keller Williams Realty Nville
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