Technical
Financial
Distress signals
Property profile

2220 Ferdon Blvd Crestview, FL 32536

OFF-MARKET
Retail space
Property ID
US18-4409838
6,944 SF 0.45 ac lot Built 1996
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Construction STEEL FRAME
Total area 6,944 SF
Lot 0.45 ac (19,800 SF)
APN 20-3N-23-0000-0151-001A
UPID US18-4409838

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

2220 Ferdon Blvd Crestview, FL 32536-8457
Crestview metro Census 20601 CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.54M
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$430k

Owner & transaction history

since 2018
3 recorded transactions
2018
$10.5M
2005
$1.0M
1997
$735,000

Zoning & alternative use

Top alternative use upside
Restaurant $1.5M +68.2%
Commercial (general) $1.2M +39.9%
Neighborhood: shopping center $1.1M +23.9%

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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