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Financial
Distress signals
Property profile

506 Hwy 85th N Niceville, FL 32578

OFF-MARKET
Commercial real estate
Property ID
US18-5441315
14,178 SF 2.42 ac lot Built 1973
Last sale Feb 2024 · $2,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$785k
Assessed land$365k
Assessed improvement$420k
Effective rate1.33%

Value estimate

· Oct 2026
$2.65M
$2.39M – $2.92M
AI approach$2.65M
CAP approach$2.65M
Submarket $/SF estimate$3.01M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$344/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$122 – $721

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop11.4
Hair Salon11.3
Dental Office10.6

Location

506 Hwy 85th N Niceville, FL 32578-1045
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
113 Bailey, Niceville, FL 32578-2753 $775,000 Nov 2025 5,248 SF
768 John Sims E, Niceville, FL 32578-2032 $850,000 May 2024 5,419 SF
962 John Sims E, Niceville, FL 32578 $3,300,000 Aug 2023 6,278 SF
4565 Commercial, Niceville, FL 32578-8855 $1,950,200 Sep 2021 16,342 SF
312 Government, Niceville, FL 32578-1891 $935,000 Oct 2020 6,650 SF
409 John Sims E, Niceville, FL 32578-2025 $315,000 Nov 2018 5,371 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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