Property profile

2221 S Ferdon Blvd 2215 Crestview, FL 32536

FOR LEASE
Strip malls
Saved · see the list in your Dashboard
Property ID
US18-3518319
23,496 SF 2.04 ac Built 1987
Last sale Jul 2021·$2,425,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a 2,196-square-foot in-line retail unit located in Court Plaza in Crestview, Florida, within a larger 20,116-square-foot shopping center. The unit is situated at the intersection of S. Ferdon Boulevard and Redstone Avenue, near North Okaloosa Hospital, and is designed with two entrances, a lobby, private offices, a breakroom, a conference room, and two restrooms. The shopping center sits on a 1.98-acre site with 103 parking spaces and a lighted pylon sign, and the site is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value$2.12M
Assessed land$826k
Assessed improvement$1.29M
Effective rate1.62%

Value estimate

· Nov 2026
$2.47M
$2.22M – $2.71M
AI approach$2.79M
Submarket $/SF estimate$3.29M
NOI build-up
Gross scheduled income$447k
Vacancy & credit loss−$33k
Operating expenses−$124k
NOI · 8,696.45% cap applied$289k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$157/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$106 – $235

Cap rate analysis

How does the asset earn?
8,696.45%
$289k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply14.2
HVAC Service12.6
Kitchen & Bath12.0

Location

2221 S Ferdon Blvd, Unit 2215 Crestview, FL 32536
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1991 P J Adams, Crestview, FL 32536-4226 $2,500,000 Apr 2022 9,256 SF
108 Main, Crestview, FL 32536-3751 $680,000 Oct 2021 14,800 SF
3381 Ferdon, Crestview, FL 32536-8484 $2,725,000 Feb 2021 13,650 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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