Property profile

1950 Hwy 98 Mary Esther, FL 32569

OFF-MARKET
Warehouses
Property ID
US18-5516359
8,585 SF 1.04 ac lot Built 1997
Entity Owned 15-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1997
Construction STEEL FRAME
Total area 8,585 SF
Lot 1.04 ac (45,173 SF)
APN 15-2S-25-0000-0011-0340
UPID US18-5516359

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1950 Hwy 98 Mary Esther, FL 32569-3201
Mary Esther metro Census 23100 CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$985k
Blend (final) Blend
$330k

Owner & transaction history

since 2011
1 recorded transaction
2011
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $1.3M +39.3%
Auto repair, garage $1.3M +37.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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