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    101 W Edney Ave Crestview, FL

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    For Sale
    $695,000

    Net-leased industrial property in Crestview, Florida, ideal for investment.

    Type:INDUSTRIAL
    Property size:
    4,300 SF
    Lot size:
    0.42 Acres
    Added:
    Nov 12, 2025
    Days on Market:
    140
    Last Refresh:
    Mar 29 at 9:31 pm

    Property Features for 101 W Edney Ave

    General Information

    Standard status
    Active
    Size
    4,300 SF
    Lot size
    0.42 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Shawn Maxey
    Shawn Maxey

    Listing agent Shawn Maxey

    Listing office Stirling | Pensacola

    Listing date Nov 12, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Stirling | Pensacola

    Overview

    Crestview Net-Leased Industrial Investment

    This net-leased industrial investment opportunity is located in Crestview, Florida. The property is 100% leased to an automotive tenant, generating an annual base rent of $66,000. The asset is a 4,300-square-foot freestanding building with an additional 1,400-square-foot mezzanine, constructed in 1993. Zoned C-1, the property provides flexible configurations suitable for a variety of industrial or commercial uses. The space includes four 20-foot by 15-foot roll-up doors and functional shop layouts, making it ideal for automotive or light industrial operations. The property is strategically located just off Highway 85, which experiences approximately 48,000 vehicles per day, offering exceptional visibility and accessibility. This property represents a stable, income-producing investment with minimal landlord responsibilities and strong long-term potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restylers Aftermarket Specialist ... Auto Parts Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • GLASSMAN LLC — 1298 S Ferdon Blvd, Crestview, FL 32536
    • Florida Glass & Storefront, Inc. — 201 Robinson Ave E, Crestview, FL 32539
    • Rustic automotive — 133 Aplin Rd, Crestview, FL 32539
    • Precision Tune Auto Care — 1210 S Ferdon Blvd, Crestview, FL 32536
    • Grease Monkey — 1102 S Ferdon Blvd, Crestview, FL 32536

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5647
    Latitude
    30.751

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    FAQs

    What type of property is this?
    Auto shop - Net-leased industrial property in Crestview, Florida, ideal for investment.
    Where is this auto shop located?
    The property is located at 101 W Edney Ave Crestview, FL.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 100% leased to an automotive tenant, generating $66,000 in annual base rent.; Strategically located just off Highway 85 with high traffic count (approximately 48,000 vehicles per day), offering exceptional visibility.; Freestanding 4,300± SF building with an additional 1,400± SF mezzanine, totaling 5,700± SF of usable space.
    (850) 240-1252
    We can help!
    Listing Contact
    Shawn Maxey
    Shawn Maxey
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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