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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Automotive properties
329 Miracle Strip SW Pkwy, Fort Walton Beach, FL 32548-5209
Entity Owned
8-yr Hold
Free & Clear
Property ID
US18-5102628
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1977
Construction
STEEL FRAME
Total area
11,660 SF
Lot
2.36 ac (102,900 SF)
APN
15-2S-24-0000-0011-0040
UPID
US18-5102628
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
Current use
Occupant on record · Public records
-
gmps-sam-taylor Car Dealership
-
Cadillac Fort Walton Beach Car Dealership
-
gmps-sam-taylor-cad Car Dealership
-
GMC Fort Walton Beach Service Center Auto Repair Shop
-
GMC Fort Walton Beach Parts Department Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$880k
Owner & transaction history
Step One Automotive Bgc Fw LLC · 8 yrs held
Step One Automotive Bgc Fw LLC
since 2018
6 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
Method
Estimation
Statistic approach
by Request
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$880k
Range $792k – $968k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$75 / SF
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
$29,627
Tax year 2023
Assessed value
$2,124,882
Assessed 2023
Previous assessed
$2,060,949
+3.1% YoY
Effective rate
1.39%
On assessed value
Assessed land
$1,276,300
Assessed improvement
$848,582
Land market value
$1,276,300
Improvement market value
$848,582
Total market value
$2,124,882
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1977
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
10
Total area
11,660 SF
Lot
2.36 ac (102,900 SF)
APN
15-2S-24-0000-0011-0040
UPID
US18-5102628
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
1977
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
10
Lot
2.36 ac
Current owner
From public records · entity-resolved
Step One Automotive Bgc Fw LLC
Entity
Free & Clear · 8 yrs held
Mailing address
541 MARY ESTHER CUT OFF NW, FORT WALTON BEACH, FL 32548-4058
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2018
—
Step One Automotive Bgc Fw LLC
Hutson,karen T
Quit Claim Deed
related
—
Dec 8, 2016
—
Karen Taylor-hutson
—
Deed
related
$1,560,000 · Fnbt Bk
Oct 31, 1997
$550,000
Karen Taylor-hutson
Ciano,anthony J & Natalie
Grant Deed
—
Jan 3, 1997
—
Taylor Trust
Taylor,eunice M
Quit Claim Deed
related
—
—
—
Karen T Hutson
—
Deed Of Trust
related
$900,000 · Fnbt Com Bank
—
—
Karen Taylor-hutson
—
Loan Modification
related
$1,560,000 · Fnbt Bk
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.
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