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Property profile & analytics
OFF-MARKET
Estimated value
$8,555,000
Car washes
34709 Emerald Coast Pkwy, Destin, FL 32541-3354
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-7014117
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2018
Construction
FRAME
Total area
3,942 SF
Lot
1.4 ac (60,872 SF)
APN
00-2S-22-0000-0001-A220
UPID
US18-7014117
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
-
Otto's Express Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.56M
Owner & transaction history
Wild Opco LLC · 1 yrs held
Wild Opco LLC
since 2025
Last sale
$8.3M
3 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 Destin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Destin 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
$8,865,000
ML approach
$8,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.56M
Range $7.70M – $9.41M · ±10% · vs last sale $8.31M (Jan 9 2025)
Last sale anchor
$8.31M
Jan 9 2025
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
$2,170 / 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
$18,477
Tax year 2023
Assessed value
$1,894,514
Assessed 2023
Previous assessed
$1,808,437
+4.8% YoY
Effective rate
0.98%
On assessed value
Assessed land
$1,645,875
Assessed improvement
$248,639
Land market value
$1,645,875
Improvement market value
$248,639
Total market value
$1,894,514
Applied tax rate
9.0000
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
2018
Construction
FRAME
Heating
NONE
Total area
3,942 SF
Lot
1.4 ac (60,872 SF)
APN
00-2S-22-0000-0001-A220
UPID
US18-7014117
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
2018
Construction
FRAME
Heating
NONE
Lot
1.4 ac
Current owner
From public records · entity-resolved
Wild Opco LLC
Entity
Free & Clear · 1 yrs held
Mailing address
550 TOPSL BCH BLVD UNIT #905, MIRAMAR BEACH, FL 32550-7299
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2025
$8,305,189
Wild Opco LLC
Ottos Express Car Wash LLC
Warranty Deed
—
Mar 28, 2017
$2,500,000
Ottos Express Car Wash LLC
Trustmark Natl Bk
Grant Deed
—
Oct 27, 2005
$2,440,000
Trustmark National Bank
Christensen,robert L
Warranty Deed
—
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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