Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    20521 Central W Ave Blountstown, FL 32424-2147

    • Turn key restaurants
    • 2,440 SF
    • 1.66 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3079924
    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

    • Subway / Take-out & Catering

    Property Details for 20521 Central W Ave

    Year built
    2007
    Construction
    STEEL FRAME
    Lot size
    1.66 lot acres
    Property size
    2,440 SF
    Property type
    Turn key restaurants
    APN
    33-1N-08-0300-0024-0100
    APU
    331N08030000240100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Blountstown
    County
    Calhoun
    State
    Florida
    Longitude
    -85.0473
    Latitude
    30.4426

    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
    $4,644
    $44,441
    $233,624
    $278,065
    -
    $44,441
    $233,624
    $278,065

    Comparable in this City

    • Value Estimation by Request
      4,849 SF

      307 Central E Ave

      RESTAURANT • 4,849 SF
      307 Central E Ave, Blountstown, FL 32424
      View Details
    • Value Estimation by Request
      9,182 SF

      16919 Pear St

      RESTAURANT • 9,182 SF
      16919 Pear St, Blountstown, FL 32424-1786
      View Details
    • Value Estimation by Request
      2,072 SF

      19390 Sr 20th Lindys Chicken Rd

      RESTAURANT • 2,072 SF
      19390 Sr 20th Lindys Chicken Rd, Blountstown, FL 32424
      View Details
    • Value Estimation
      $1,130,000
      3,108 SF

      19926 Central W Ave

      RESTAURANT • 3,108 SF
      19926 Central W Ave, Blountstown, FL 32424-1807
      View Details
    • Value Estimation by Request
      2,433 SF

      19119 State Rd 20th W

      RESTAURANT • 2,433 SF
      19119 State Rd 20th W, Blountstown, FL 32424-4982
      View Details
    • Value Estimation by Request
      3,780 SF

      16438 Chipola Rd

      RESTAURANT • 3,780 SF
      16438 Chipola Rd, Blountstown, FL 32424-3938
      View Details

    Similar Nearby for Sale

    • $199,000
      3,446 SF

      Turn-Key Restaurant in Downtown Blountstown

      Restaurant opportunity in historic downtown Blountstown with high visibility.
      20737 Highway St, Blountstown, FL 32424
      View Details
    • $199,000
      3.71 Acres

      Blountstown Land with Utilities

      3.71-acre property with pole barn, septic, and well.
      18830 Sr 73, Blountstown, FL 32424
      View Details
    • $99,900
      12.00 Acres

      Wooded Land Inside City Limits

      12 acre wooded parcel in Blountstown city limits.
      S Main St, Blountstown, FL 32424
      View Details
    • $300,000
      25.00 Acres

      Expansive Land Parcel in Blountstown

      25-acre parcel perfect for hunting, farming, or building your dream.
      275 Abe Spg, Blountstown, FL 32424
      View Details
    • New
      $600,000
      1.00 Acre

      Prime Vacant Land Opportunity

      One acre of land in a high-visibility location.
      South Sr 71 & Chipola Rd, Blountstown, FL 32424
      View Details
    • $79,000
      1.00 Acre

      Blountstown Commercial Acre - Prime Location

      High-visibility lot near new hospital. Excellent business opportunity.
      15985 Sr 71 Rd, Blountstown, FL 32424
      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.
    20521 Central W Ave
    Blountstown, FL 32424-2147
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!