Property profile

1981 Hwy 87 Navarre, FL 32566

OFF-MARKET
Retail space
Property ID
US18-7399090
3,567 SF 1.27 ac lot Built 2014
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Construction WOOD
Total area 3,567 SF
Lot 1.27 ac (55,278 SF)
Zoning code HCD
APN 20-2S-26-0000-00510-0000
UPID US18-7399090

Cap rate & NOI

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

Location

1981 Hwy 87 Navarre, FL 32566-1046
Navarre metro Census 10825 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$935k
CAP Approach CAP
$590k
Comparable Approach Comparable
$814k
Blend (final) Blend
$930k

Owner & transaction history

since 2021
Last sale
$1.2M
7 recorded transactions
2021
$1.2M
2019
Price N/A
2018
Price N/A
2016
Price N/A
2014
$214,600
2007
$800,000
1969
Price N/A

Zoning & alternative use

HCD · Navarre, FL
Top alternative use upside
Medical building $605,000 +10.3%

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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