Financial
Distress signals
Property profile

240 Covell Rd Crestview, FL 32539

OFF-MARKET
Commercial land
Property ID
US18-4407292
640 SF 1.01 ac lot
Last sale Jun 2021 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$112k
Assessed land$112k
Effective rate1.62%

Value estimate

· Sep 2026
$510k
$459k – $561k
AI approach$530k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$184/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$92 – $344

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1
The commercial low-intensity district is established to provide for multifamily apartments, condominiums and low-intensity commercial use...
General categoryCOMMERCIAL
JurisdictionOKALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand index
Building Supply15.6
Wholesale Shop14.6
Law Firm13.2

Location

240 Covell Rd Crestview, FL 32539-6060
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

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

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42 Laird, Crestview, FL 32539-9200 $625,000 May 2025 1,350 SF
Earl Kennedy, Crestview, FL 32539 $120,000 Aug 2024 No data
223 Brett, Crestview, FL 32539-3704 $54,500 Aug 2023 1,033 SF
3212 James Lee, Crestview, FL 32539-6036 $17,000 Aug 2022 1,853 SF
Export, Crestview, FL 32539 $2,425,000 Mar 2022 876 SF
348 Brett, Crestview, FL 32539 $325,000 Jul 2021 528 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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