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

    1505 Ferdon Blvd Crestview, FL 32536-8445

    • Retail space
    • 6,600 SF
    • 1.27 lot acres
    OFF-MARKET
    Value Estimation
    $1,615,000
    Last Sale
    Jun 30, 2022
    $1,505,000
    Location Intelligence
    Property ID
    US18-4053313
    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

    • Shot In Focus Portrait Studio / Photography Service / Photography Studio
    • Bri's Bakery / Bakery
    • 1505 south ferdon boulevard, crestview, fl / Storage Facility
    • USA Storage Centers Crestview South / Storage Facility / Self-Storage Facility

    Property Details for 1505 Ferdon Blvd

    Year built
    1989
    Construction
    STEEL FRAME
    Lot size
    1.27 lot acres
    Property size
    6,600 SF
    Property type
    Retail space
    APN
    20-3N-23-0000-0123-0000
    APU
    203N23000001230000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,635,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,565,000
      6.5%
      $1,635,000
      7%
      $1,410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,590,000
      Geo Method
      $1,270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,865,000
      Retail
      $1,415,000
      Mixed-Use
      $1,535,000
      Hospitality
      $1,770,000
      Educational
      $1,840,000
      Residential Income
      $1,465,000
      Energy
      $1,475,000
      Income-Based Land
      $1,570,000
      Food Service
      $1,785,000

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.563
    Latitude
    30.7433
    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
    $14,136
    $374,639
    $499,158
    $873,797
    -
    $374,639
    $499,158
    $873,797

    Comparable in this City

    • Value Estimation by Request
      891 SF

      567 Main St

      RETAIL STORES (PERSONAL SERVICES) • 891 SF
      567 Main St, Crestview, FL 32536-4249
      View Details
    • Value Estimation by Request
      1,978 SF

      5395 Old Bethel Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,978 SF
      5395 Old Bethel Rd, Crestview, FL 32536-5160
      View Details
    • Value Estimation by Request
      5,400 SF

      2493 Ferdon Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,400 SF
      2493 Ferdon Blvd, Crestview, FL 32536-8463
      View Details
    • Value Estimation by Request
      1,568 SF

      958 James Lee Blvd, Unit A

      RETAIL STORES (PERSONAL SERVICES) • 1,568 SF
      958 James Lee Blvd, Crestview, FL 32536-5137
      View Details
    • Value Estimation
      $120,000
      2,125 SF

      114 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,125 SF
      114 Main St, Crestview, FL 32536-3546
      View Details
    • Value Estimation
      $475,000
      4,356 SF

      113 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,356 SF
      113 Main St, Crestview, FL 32536-3545
      View Details

    Similar Nearby for Sale

    • $475,000

      Iconic Building in Downtown Crestview

      Iconic building with exceptional visibility and endless business potential.
      168 S Main St, Crestview, FL 32536
      View Details
    • $425,000
      3,440 SF

      Main Street Retail Investment Opportunity

      Two retail units in one building on Main Street.
      192 N Main St, Crestview, FL 32536
      View Details
    • $700,000
      2,863 SF

      Versatile Commercial Space Available

      Spacious commercial area suitable for offices, retail, and more.
      914 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $235,000

      Versatile Commercial Space For Sale

      Adaptable commercial space suitable for investment or owner-occupancy.
      226 Coleman St, Crestview, FL 32536
      View Details
    • $350,000

      Retail Building with Two Units

      Retail building featuring two units, suitable for investment or owner-occupancy.
      194-192 N Main St, Crestview, FL 32536
      View Details
    • $1,000,000
      2,067 SF

      Commercial Land in Crestview

      1.13 acres of commercial land in a rapidly expanding market.
      582 S Ferdon Blvd, Crestview, FL 32536
      View Details

    Similar Nearby for Lease

    • $1,050 /Mo

      Crestview Retail or Office Space

      High-traffic corner location suitable for retail or office use.
      1097 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • $1,226 /Mo

      Retail/Office Space on Hwy 90

      New retail or office space near I-10 connection.
      200 1St Ave, Crestview, FL 32536
      View Details
    • $3,500 /Mo
      3,000 SF

      Retail Space on Highway 85

      Retail space in Crestview with potential for various uses.
      641 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $6,200 /Mo

      Retail Space in High Traffic

      Spacious retail property in Crestview, Florida, with high potential.
      410 W James Lee Blvd, Crestview, FL 32536
      View Details
    • $2,784 /Mo

      Retail/Office Space on Hwy 90

      New commercial space near I-10, build-out options available.
      200 3Rd Ave, Crestview, FL 32536
      View Details
    • $2,784 /Mo

      Retail/Office Space on Hwy 90

      New retail or office space near I-10 connection.
      200 5Th Ave, Crestview, FL 32536
      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.
    1505 Ferdon Blvd
    Crestview, FL 32536-8445
    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.