Technical
Financial
Distress signals
Property profile

304 Racetrack NE Rd Fort Walton Beach, FL 32547

OFF-MARKET
Distribution centers
Property ID
US18-3359787
18,316 SF 0.83 ac lot Built 1948
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1948
Construction STEEL FRAME
Total area 18,316 SF
Lot 0.83 ac (36,000 SF)
APN 01-2S-24-1120-0005-0090
UPID US18-3359787

Cap rate & NOI

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

Location

304 Racetrack NE Rd Fort Walton Beach, FL 32547-2502
Fort Walton Beach metro Census 22300 CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.03M

Owner & transaction history

since 2020
Last sale
$790,000
7 recorded transactions
2020
$790,000
2018
Price N/A
2016
Price N/A
2008
$810,000
2000
$367,000
1996
$290,000
1969
Price N/A

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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