Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1105 John Sims E Pkwy Niceville, FL 32578

    • Strip malls
    • 35,798 SF
    • 3.10 lot acres
    OFF-MARKET
    Value Estimation
    $3,960,000
    Last Sale
    Dec 06, 2021
    $3,875,000
    Location Intelligence
    Property ID
    US18-3588677
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 1105 John Sims E Pkwy

    Year built
    1997
    Construction
    FRAME
    Lot size
    3.10 lot acres
    Property size
    35,798 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    05-1S-22-256D-0094-0010
    APU
    051S22256D00940010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,940,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,670,000
      6.5%
      $3,720,000
      7%
      $3,795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,180,000
      Geo Method
      $3,360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,695,000
      Retail
      $3,740,000
      Mixed-Use
      $5,015,000
      Hospitality
      $4,045,000
      Educational
      $5,020,000
      Residential Income
      $4,455,000
      Energy
      $4,280,000
      Income-Based Land
      $4,540,000
      Food Service
      $4,110,000

    Location Insight

    • Map
    • Local Demand
    City
    Niceville
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.4644
    Latitude
    30.5148
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $39,223
    $900,790
    $2,041,394
    $2,942,184
    -
    $900,790
    $2,041,394
    $2,942,184

    Comparable in this City

    • Value Estimation
      $770,000
      26,102 SF

      705 John Sims W Pkwy

      SHOPPING CENTER, STRIP CENTER • 26,102 SF
      705 John Sims W Pkwy, Niceville, FL 32578-1878
      View Details
    • Value Estimation by Request
      9,000 SF

      4648 Hwy 20

      SHOPPING CENTER, STRIP CENTER • 9,000 SF
      4648 Hwy 20, Niceville, FL 32578-9789
      View Details
    • Value Estimation by Request
      93,569 SF

      1154 John Sims E Pkwy

      SHOPPING CENTER, STRIP CENTER • 93,569 SF
      1154 John Sims E Pkwy, Niceville, FL 32578-2204
      View Details
    • Value Estimation by Request
      29,999 SF

      4591 Hwy 20

      SHOPPING CENTER, STRIP CENTER • 29,999 SF
      4591 Hwy 20, Niceville, FL 32578-8844
      View Details
    • Value Estimation by Request
      9,338 SF

      4677 Hwy 20

      SHOPPING CENTER, STRIP CENTER • 9,338 SF
      4677 Hwy 20, Niceville, FL 32578-8903
      View Details
    • Value Estimation by Request
      11,104 SF

      510 John Sims W Pkwy

      SHOPPING CENTER, STRIP CENTER • 11,104 SF
      510 John Sims W Pkwy, Niceville, FL 32578-1890
      View Details

    Similar Nearby for Sale

    • $1,395,000
      6,774 SF

      Retail Building in Niceville Area

      6,774 SF retail building in a prime Niceville location.
      95 John Sims Pkwy E, Niceville, FL 32578
      View Details
    • Contact for pricing

      Former Restaurant on John Sims

      Former Burger King with drive-thru near Eglin Air Force Base.
      297 John Sims Pkwy E, Niceville, FL 32578
      View Details
    • $1,900,000

      Waterfront Property with Marina in Niceville

      Waterfront property with 10-slip marina near Destin Pass.
      834 Bayshore Dr, Niceville, FL 32578
      View Details
    • $375,000
      0.02 Acres

      Prime Niceville Commercial Units

      Two Units, High Growth Area
      4400 Unit, Niceville, FL 32578
      View Details
    • $2,201,550

      Niceville Industrial Warehouse For Sale

      Prime Niceville location, versatile warehouse space.
      95 John Sims Pkwy, Niceville, FL 32578
      View Details
    • Contact for pricing
      3,750 SF

      Niceville Industrial Warehouse Space

      Large Warehouse, Two Bays, Great Location
      325 Cedar Ave, Niceville, FL 32578
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      105,599 SF

      Bluewater Bay Commercial Spaces

      Niceville, FL retail & office suites.
      4506 Fl-20, Niceville, FL 32578
      View Details
    • $1.00 SF/Yr
      1,918 SF

      Bluewater Bay Retail and Office

      Retail, restaurant, and office spaces available in Niceville, Florida.
      4512 Highway 20 E, Niceville, FL 32578
      View Details
    • Contact for pricing
      105,599 SF

      Bluewater Bay Retail/Office Space

      Retail, restaurant, and office spaces available in Niceville, Florida.
      4506-4546 Merchants Way, Niceville, FL 32578
      View Details
    • $1.12 SF/Yr

      Hwy 285 & College Blvd Land

      8.7-acre commercial parcel, prime location.
      0 Hwy 285 & College Blvd, Niceville, FL 32578
      View Details
    • $13 SF/Yr
      3,000 SF

      Niceville Retail/Office Freestanding Building

      3,000 SF retail/office space in the heart of Niceville.
      212 Government Ave, Niceville, FL 32578
      View Details
    • $19,750 /Mo
      120,512 SF

      Prime Niceville Corner Lot Lease

      High-traffic location, ideal for development. Excellent visibility.
      John Sims Pkwy E, Niceville, FL 32578
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1105 John Sims E Pkwy
    Niceville, FL 32578
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.