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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Retail space
1147 Ferdon Blvd, Crestview, FL 32536-4511
Entity Owned
Free & Clear
Property ID
US18-3138861
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
STEEL FRAME
Total area
4,340 SF
Lot
0.48 ac (21,000 SF)
APN
08-3N-23-0743-0012-0010
UPID
US18-3138861
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
-
Parish Tractor Company Agricultural Supply
-
Coastal Machinery Company Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$794k
Blend (final)
Blend
$1.10M
Owner & transaction history
Southern Pipe & Supply Company INC
Southern Pipe & Supply Company INC
since 2026
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$765,000
+39.9%
Neighborhood: shopping center
$680,000
+23.9%
Auto repair, garage
$670,000
+22.1%
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
Method
Estimation
Statistic approach
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
$1,040,000
6.5%
$960,000
7%
$890,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Change: +40% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$680,000
Change: +24% · Conversion: Moderate
AUTO REPAIR, GARAGE
$670,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Aug 2 2024)
Last sale anchor
$1.10M
Aug 2 2024
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
$253 / 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
$12,277
Tax year 2023
Assessed value
$758,851
Assessed 2023
Previous assessed
$727,828
+4.3% YoY
Effective rate
1.62%
On assessed value
Assessed land
$433,599
Assessed improvement
$325,252
Land market value
$433,599
Improvement market value
$325,252
Total market value
$758,851
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
3
Total area
4,340 SF
Lot
0.48 ac (21,000 SF)
APN
08-3N-23-0743-0012-0010
UPID
US18-3138861
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$765,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$680,000
AUTO REPAIR, GARAGE
Est. value
$670,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Lot
0.48 ac
Current owner
From public records · entity-resolved
Southern Pipe & Supply Company INC
Entity
Free & Clear · 0 yrs held
Mailing address
6701 MOBILE HWY, PENSACOLA, FL 32526-8001
Ownership since
2026
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
Apr 2, 2026
$2,875,428
Southern Pipe & Supply Company INC
Parish Investments Of The Florida Panhan
Special Warranty Deed
—
Aug 2, 2024
$1,100,000
Parish Investments LLC
Meeks & Meeks LLC
Warranty Deed
$2,065,500 · Whitney Bank
Apr 1, 2022
$1,100,000
Meeks & Meeks LLC
J&l Enterprises Of Crestview LLC
Special Warranty Deed
$757,000 · Whitney Bank
May 21, 2008
—
J & L Ents Of Crestview LLC
Wise,john P JR
Warranty Deed
—
Jan 26, 2007
—
John P Wise JR.
Wise,john P JR & Edna D
Quit Claim Deed
related
—
Dec 27, 2006
—
John P Wise JR.
Wise,john P JR & Edna D
Quit Claim Deed
related
—
Aug 22, 2005
—
John P Wise JR.
Wise,john P JR & Edna D
Quit Claim Deed
related
—
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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