424 W College Boulevard, Valparaiso, FL 32580 (MLS# 989948)

GCCMLS Number: 0

Listing Board: Emerald Coast

List Date: 2025-11-05

List Price: $2,900,000

Sub Area: 1301 - Valp So of Tom's Bayou

Property Name: ASEI NWFL

Legal Description: COM SW COR OF NW1/4 OF SW1/4 E331.43FT TO POB N 408FT

Listed on GCCMLS: No

Description: FULLY CLIMATIZED FLEX WAREHOUS

Property Information: Subject property consists of 3.58 acres of improved property with 22,812 sqft of vertical improvements with two (2) floors of Class B Office Space totaling 5,968 sq ft., 16,300 sq ft of heated and cooled warehouse space, His and Her ADA Bathrooms and Locker rooms, elevator, and security systems. There is a one (1) acre pad site with underground infrastructure in place for up to another 25,000 sq ft flex warehouse.

Vacant: No

Lot SqFt: 155944

Immediate Occupancy: No

Lot Depth: 203

Zoning: Commercial

Lot Frontage: 768

Future Land Use: C-2

Acreage: 3.11

As Is: Yes

Remarks: Off-Market Sale For Sales Comparison Purposes. The existing tenants' lease terms will end in the Fall of 2026.

Industrial: 1

Office: 1

Other: 1

Existing: 1

Building SqFt: 22812

Sprinklers?: Yes

Price P/SqFt: 123

Office SqFt: 5968

Year Built: 216

Property Type: Flex Space

Eave Height: 24

Warehouse SF: 16300

# of Units: 2

Year Built: 2016

Building SqFt: 22812

Price P/SqFt: 123

# of Units: 1

Current Price: $2,800,000

Status: Sold

Under Contract Date: 2025-11-05

Sold Date: 2025-11-17

Sold Price: $2,800,000

Area: 13 - Niceville

Street #: 424

Street Direction: W

Street Name: College

Street Suffix: Boulevard

State: FL

Zip Code: 32580

County: Okaloosa

Parcel ID: 01-1S-23-0000-0002-006C