Property profile

2371 Hwy 98 Mary Esther, FL 32569

OFF-MARKET
Retail space
Property ID
US18-2973796
8,380 SF 0.7 ac lot Built 1999
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Construction STEEL FRAME
Total area 8,380 SF
Lot 0.7 ac (30,600 SF)
APN 16-2S-25-0000-0017-0000
UPID US18-2973796

Cap rate & NOI

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

Location

2371 Hwy 98 Mary Esther, FL 32569-1449
Mary Esther metro Census 23100 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
$1.86M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.39M

Owner & transaction history

since 2018
6 recorded transactions
2022
Price N/A
2019
Price N/A
2018
$2.2M
2015
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.1M +28.3%
Restaurant $1.8M +10.8%

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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