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    Property profile & analytics

    2491 Ferdon Blvd Crestview, FL 32536-8463

    • Commercial real estate
    • 4,306 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Location Intelligence
    Property ID
    US18-4386718
    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

    • Gulf Coast Vision Center / Optometrist
    • Dr. Andrew Sahawneh / Optometrist / Practitioner Service Location
    • Dr. Suzanne Day / Optometrist / Practitioner Service Location
    • Charles Howard / Optometrist
    • Dr. Wesley Mayes / Optometrist

    Property Details for 2491 Ferdon Blvd

    Year built
    1989
    Construction
    FRAME
    Lot size
    0.61 lot acres
    Property size
    4,306 SF
    Property type
    Commercial real estate
    APN
    29-3N-23-1480-0014-0020
    APU
    293N23148000140020

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $600,000
      6.5%
      $585,000
      7%
      $550,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $515,000
      Geo Method
      $645,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $580,000
      Retail
      $475,000
      Mixed-Use
      $565,000
      Hospitality
      $445,000
      Educational
      $530,000
      Residential Income
      $485,000
      Energy
      $455,000
      Income-Based Land
      $525,000
      Food Service
      $595,000

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5652
    Latitude
    30.7353
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    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
    $8,022
    $301,650
    $194,187
    $495,837
    -
    $301,650
    $194,187
    $495,837

    Comparable in this City

    • Value Estimation by Request

      Mirage Ave

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      200 Highway 90

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      200 Highway 90, Crestview, FL 32536
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      30.00 Acres

      4869 Retta Ln

      Commercial real estate • 30.00 Acres
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      2,015 SF

      618 7th Ave

      COMMERCIAL (GENERAL) • 2,015 SF
      618 7th Ave, Crestview, FL 32536-2152
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    • Value Estimation by Request
      9,536 SF

      1655 Ferdon Blvd

      COMMERCIAL (GENERAL) • 9,536 SF
      1655 Ferdon Blvd, Crestview, FL 32536-8447
      View Details
    • Value Estimation by Request
      192 SF

      Sandy Ln

      COMMERCIAL (GENERAL) • 192 SF
      Sandy Ln, Crestview, FL 32536
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Crestview Commercial Building - High Potential

      Prime location, versatile space, near future Walmart.
      914 Ferdon Blvd, Crestview, FL 32536
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    • $1,850,000
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      Crestview Commercial Land - High Potential

      30-Acre Commercial Tract, Prime Location
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      Hwy 90 Retail/Office Space

      Brand-new space, prime Hwy 90 location.
      200 Highway 90, Crestview, FL 32536
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    Similar Nearby for Lease

    • $34 SF/Yr
      1,250 SF

      Crestview Retail Pad Site Lease

      1,250 SF Curb-In Pad, Drive-Thru Ready
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    • $1,500 /Mo
      4,540 SF

      Crestview Office Space For Rent

      Office space with 5 offices, waiting room, and kitchenette.
      638 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • Contact for pricing

      Retail Space on Ferdon Boulevard

      Sublease opportunity with high visibility in Crestview, Florida.
      2503 South Ferdon Blvd, Crestview, FL 32536
      View Details
    • $2,001 /Mo

      Retail/Office Space on Hwy 90

      New commercial space for lease near I-10 connection.
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    • $16,800 /Mo
      15,110 SF

      Retail and Restaurant Spaces Available

      Pre-leasing retail and restaurant spaces in Crestview, Florida.
      352 W Hwy 90 Blvd, Crestview, FL 32536
      View Details
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    Crestview, FL 32536-8463
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    Realmo Value Estimation

    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.

    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.

    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
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