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Property profile & analytics
OFF-MARKET
Estimated value
$7,400,000
Retail properties & Spaces
1090 Beal N Pkwy Fort Walton Beach, FL 32547-1472
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-5236689
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,788 SF
Lot
0.79 ac (34,200 SF)
APN
34-1S-24-0000-0097-0000
UPID
US18-5236689
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.40M
Owner & transaction history
Zt Fort Walton Realty Partners LP · 4 yrs held
Zt Fort Walton Realty Partners LP
since 2022
Last sale
$7.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Walton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Walton Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,405,000
ML approach
$7,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.40M
Range $6.66M – $8.14M · ±10% · vs last sale $7.88M (Jan 3 2022)
Last sale anchor
$7.88M
Jan 3 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,954 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,216
Tax year 2023
Assessed value
$582,884
Assessed 2023
Previous assessed
$548,863
+6.2% YoY
Effective rate
1.24%
On assessed value
Assessed land
$491,974
Assessed improvement
$90,910
Land market value
$491,974
Improvement market value
$90,910
Total market value
$582,884
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
11
Total area
3,788 SF
Lot
0.79 ac (34,200 SF)
APN
34-1S-24-0000-0097-0000
UPID
US18-5236689
Jurisdiction
OKALOOSA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
11
Lot
0.79 ac
Current owner
From public records · entity-resolved
Zt Fort Walton Realty Partners LP
Entity
Mailing address
1535 WW LOOP S, HOUSTON, TX 77027-9512
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2022
$7,882,400
Zt Fort Walton Realty Partners LP
Zt Motors Realty LP
Warranty Deed
$6,305,882 · Communitybank Of Texas NA
Feb 28, 2020
—
Zt Motors Realty LP
—
Deed
related
$3,561,000 · Bmo Harris Bank NA
Dec 30, 2015
—
Zt Motors Realty LP
David A Bernier
Quit Claim Deed
related
—
Sep 5, 2012
$330,000
Hollingsworth Beal St Fwb LLC
Bernier,david A
Warranty Deed
—
May 11, 2004
$112,700
Genevieve W Hamilton
Hamilton,carl T
Quit Claim Deed
related
—
May 11, 2004
$340,000
David A Bernier
Hamilton,genevieve W
Grant Deed
$272,000 · Colonial Bank
—
—
David A Bernier
—
Deed Of Trust
related
$237,474 · Colonial Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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