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Property profile & analytics
OFF-MARKET
Car washes
301 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-5202
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US18-3537299
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2021
Construction
FRAME
Total area
3,200 SF
Lot
0.71 ac (30,750 SF)
APN
15-2S-24-219G-000A-00A3
UPID
US18-3537299
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jeff Burkhardt Custom Properties In · 6 yrs held
Jeff Burkhardt Custom Properties In
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Walton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Walton Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,897
Tax year 2023
Assessed value
$807,939
Assessed 2023
Previous assessed
$767,695
+5.2% YoY
Effective rate
1.22%
On assessed value
Assessed land
$535,742
Assessed improvement
$272,197
Land market value
$535,742
Improvement market value
$272,197
Total market value
$807,939
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2021
Construction
FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Rooms
4
Total area
3,200 SF
Lot
0.71 ac (30,750 SF)
APN
15-2S-24-219G-000A-00A3
UPID
US18-3537299
Jurisdiction
OKALOOSA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2021
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Rooms
4
Lot
0.71 ac
Current owner
From public records · entity-resolved
Jeff Burkhardt Custom Properties In
Entity
Mailing address
324 FRANKLIN ST, CLARKSVILLE, TN 37040-3422
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2020
—
Jeff Burkhart Custom Prop INC
—
Deed
related
$1,391,000 · Planters Bk
Sep 26, 2019
$750,000
Jeff Burkhardt Custom Properties In
Regency Inn Of Sandestin INC
Warranty Deed
—
Sep 20, 2016
—
Regency Inn Of Sandestin INC
—
Deed
related
$3,619,966 · Beach Cmnty Bk
Dec 22, 2003
$385,000
Regency Inn Of Sandestin INC
B M K B LLC
Grant Deed
$225,000 · Hotel Finance Corp
—
—
Regency Inn Of Sandestin INC
—
Loan Modification
related
—
—
—
Regency Inn Of Sandestin INC
—
Loan Modification
related
$3,619,966 · Beach Cmnty Bk
—
—
Jeff Burkhart Custom Prop INC
—
Deed Of Trust
related
$1,391,000 · Planters Bk
—
—
Regency Inn Of Sandestin INC
—
Deed Of Trust
related
$425,976 · Premier Community Bank Emrld C
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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