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    Property profile & analytics

    1601 James Lee Blvd Crestview, FL 32539-3243

    • Outlet malls
    • 9,463 SF
    • 1.38 lot acres
    OFF-MARKET
    Value Estimation
    $1,640,000
    Last Sale
    May 31, 2024
    $1,630,000
    Location Intelligence
    Property ID
    US18-6173373
    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

    • FedEx OnSite / Mailing Service
    • Western Union / Money Transfer Service
    • Dollar General / Dollar Store / Beauty Supply Store

    Property Details for 1601 James Lee Blvd

    Year built
    2013
    Construction
    STEEL FRAME
    Lot size
    1.38 lot acres
    Property size
    9,463 SF
    Property type
    Outlet malls
    APN
    16-3N-23-0000-0039-0010
    APU
    163N23000000390010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,700,000
      6.5%
      $1,560,000
      7%
      $1,525,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,655,000
      Geo Method
      $1,665,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,705,000
      Retail
      $1,770,000
      Mixed-Use
      $1,785,000
      Hospitality
      $1,495,000
      Educational
      $1,770,000
      Residential Income
      $1,605,000
      Energy
      $1,635,000
      Income-Based Land
      $1,525,000
      Food Service
      $1,585,000

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5491
    Latitude
    30.7592
    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
    $11,645
    $116,900
    $602,923
    $719,823
    -
    $116,900
    $602,923
    $719,823

    Comparable in this City

    • Value Estimation
      $725,000
      9,504 SF

      5227 Hwy 393

      WHOLESALE OUTLET, DISCOUNT STORE • 9,504 SF
      5227 Hwy 393, Crestview, FL 32539-8874
      View Details
    • Value Estimation
      $1,280,000
      9,274 SF

      2951 Parsonage Ln

      WHOLESALE OUTLET, DISCOUNT STORE • 9,274 SF
      2951 Parsonage Ln, Crestview, FL 32539-9028
      View Details
    • Value Estimation
      $1,895,000
      9,230 SF

      6130 Gdn City Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 9,230 SF
      6130 Gdn City Rd, Crestview, FL 32539-5415
      View Details
    • Value Estimation
      $480,000
      13,204 SF

      1133 Industrial Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 13,204 SF
      1133 Industrial Dr, Crestview, FL 32539-8950
      View Details
    • Value Estimation
      $650,000
      9,148 SF

      128 John King Rd

      SHOPPING CENTER, STRIP CENTER • 9,148 SF
      128 John King Rd, Crestview, FL 32539-5772
      View Details
    • Value Estimation by Request
      11,200 SF

      961 Pearl St

      SHOPPING CENTER, STRIP CENTER • 11,200 SF
      961 Pearl St, Crestview, FL 32539
      View Details

    Similar Nearby for Sale

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      High-traffic retail investment opportunity.
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    Similar Nearby for Lease

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    • $3,500 /Mo
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      Retail Space with Large Lot

      Retail property for rent with highway frontage and large lot.
      488 E James Lee Blvd, Crestview, FL 32539
      View Details
    • $19 SF/Yr
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      Crestview Retail Space For Lease

      High-traffic location, 1600 sq ft freestanding building.
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    • Contact for pricing
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      Crestview Retail Outparcels: Prime Location

      Three buildings, high visibility, flexible space.
      0 Industrial Dr, Crestview, FL 32539
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    • $0.08 SF/Yr
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      710 Hospital Drive Office Space

      Prime Single-Tenant Office Building, 3,000 sq ft.
      710 Hospital Dr, Crestview, FL 32539
      View Details

    Property Visit Statistics

    • Visits by month
      13.0k
    • Visitors by month
      6.8k
    • Avg Time on site
      12 min
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    Crestview, FL 32539-3243
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    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
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