1296 N Ferdon Boulevard Crestview, FL 32536
Turn-key restaurant with land for new construction in Crestview.
Property Features for 1296 N Ferdon Boulevard
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 4.80 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2017
Listing office RE/MAX Agency One (850) 398-8898
Listing date Apr 18, 2025
Source Exitrealty
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 RE/MAX Agency One
Investment Insights
Based on property information with market context.
Key Highlights
- Turn‑key 180‑seat restaurant with drive‑thru window
- Located on 4.8 acres with room for additional building
- Highway 85 connection in a rapidly growing area
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $178.0k | $37.08 |
| − Vacancy | −$5.3k | −$1.11 |
| EGI | $172.6k | $35.97 |
| − OpEx | −$43.2k | −$8.99 |
| NOI | $129.5k | $26.98 |
