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Property profile & analytics
OFF-MARKET
Manufacturing properties
111 Hammock Rd, Crestview, FL 32536-1750
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-3481239
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1961
Construction
STEEL FRAME
Total area
5,836 SF
Lot
0.63 ac (27,278 SF)
APN
04-3N-23-1841-0005-012A
UPID
US18-3481239
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
Current use
Occupant on record · Public records
-
Signs Galore Inc. (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Signs Galore INC · 6 yrs held
Signs Galore INC
since 2019
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 Crestview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crestview 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,452
Tax year 2023
Assessed value
$151,565
Assessed 2023
Previous assessed
$144,146
+5.1% YoY
Effective rate
1.62%
On assessed value
Assessed land
$64,222
Assessed improvement
$87,343
Land market value
$64,222
Improvement market value
$87,343
Total market value
$151,565
Applied tax rate
3.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1961
Construction
STEEL FRAME
Heating
CONVECTION
Cooling
NONE
Stories
1
Total area
5,836 SF
Lot
0.63 ac (27,278 SF)
APN
04-3N-23-1841-0005-012A
UPID
US18-3481239
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
1961
Construction
STEEL FRAME
Heating
CONVECTION
Cooling
Yes
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Signs Galore INC
Entity
Mailing address
111 HAMMOCK RD, CRESTVIEW, FL 32536-1750
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
$66,900
Signs Galore INC
Michael J Rutledge
Warranty Deed
$221,000 · Ccb Community Bank
Nov 1, 2007
$61,000
Michael J Rutledge
Rutledge,regina
Quit Claim Deed
related
—
Nov 27, 2002
$95,000
Michael J Rutledge
Raybon,james M & Betty
Grant Deed
$99,089 · First National Bank Crestview
—
—
Michael J Rutledge
—
Deed Of Trust
related
$50,000 · Regions Bank
—
—
Signs Galore INC
—
Deed Of Trust
related
$50,000 · Regions Bank
—
—
Signs Galore INC
—
Deed Of Trust
related
$173,032 · Regions Bank
—
—
Michael J Rutledge
—
Deed Of Trust
related
$30,000 · Regions Bank
—
—
Michael J Rutledge
—
Deed Of Trust
related
$130,000 · Regions 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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