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Property profile & analytics
FOR LEASE
Specialty properties
2000 Lewis Turner Blvd Fort Walton Beach, FL 32547
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-1078501
For Lease
1 / 2
Contact for pricing
2000 Lewis Turner Blvd, Fort Walton Beach, FL 32547
View Listing →
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1979
Construction
STEEL FRAME
Total area
5,033 SF
Lot
0.76 ac (33,000 SF)
APN
25-1S-24-1570-000D-0080
UPID
US18-1078501
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
-
Shuler Maggie MD Physician
-
Franklin Alan MD Physician
-
Dr. Magdalena F. Shuler, MD Ophthalmologist
-
Dr. Sunil Gupta, MD Ophthalmologist
-
Retina Specialty Institute Medical Clinic Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vpu Fort Walton Beach LLC · 1 yrs held
Vpu Fort Walton Beach LLC
since 2024
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fort Walton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Walton Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,509
Tax year 2023
Assessed value
$466,820
Assessed 2023
Previous assessed
$456,347
+2.3% YoY
Effective rate
1.39%
On assessed value
Assessed land
$246,222
Assessed improvement
$220,598
Land market value
$246,222
Improvement market value
$220,598
Total market value
$466,820
Applied tax rate
4.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
For Lease
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
22
Total area
5,033 SF
Lot
0.76 ac (33,000 SF)
APN
25-1S-24-1570-000D-0080
UPID
US18-1078501
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
Building & site characteristics
From public records
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
22
Lot
0.76 ac
Current owner
From public records · entity-resolved
Vpu Fort Walton Beach LLC
Entity
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2024
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
Nov 21, 2024
$1,984,800
Vpu Fort Walton Beach LLC
Doc 2000 Lewis Turner Boulevard Mob
Special Warranty Deed
$418,388,594 · Doc Dr LLC
Oct 21, 2015
$1,702,000
Doc-2000 Lewis Turner Boulevar
Retinavit LLC
Warranty Deed
—
May 4, 2004
$425,000
Retinavit LLC
Boswell,jim C & Mary J
Grant Deed
$315,000 · First City Bank
May 22, 2000
$225,000
Jim C Boswell
Browning,deaver R & Mary L
Grant Deed
$260,000 · Peoples First Community Bank
—
—
Retinavit LLC
—
Deed Of Trust
related
$3,000,000 · Compass Bk
—
—
Retinavit LLC
—
Deed Of Trust
related
$719,000 · Summit Bank
—
—
Retinavit LLC
—
Deed Of Trust
related
$3,500,000 · Florida Perdido Key Investment
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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