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Property profile & analytics
FOR SALE
Automotive properties
350 Beal Pkwy, Fort Walton Beach, FL 32548
Entity Owned
10-yr Hold
Free & Clear
Property ID
US18-5465267
For Sale
1 / 2
$4,950,000
350 Beal Pkwy, Fort Walton Beach, FL 32548
View Listing →
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1988
Construction
STEEL FRAME
Total area
8,706 SF
Lot
4.28 ac (186,436 SF)
APN
10-2S-24-0000-0046-0000
UPID
US18-5465267
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
-
Ft. Walton Mitsubishi Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$816k
Blend (final)
Blend
$665k
Owner & transaction history
Feddon Holdings LLC · 10 yrs held
Feddon Holdings LLC
since 2015
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
Method
Estimation
Statistic approach
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$76 / 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
$25,401
Tax year 2023
Assessed value
$1,889,420
Assessed 2023
Previous assessed
$1,801,030
+4.9% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,123,500
Assessed improvement
$765,920
Land market value
$1,123,500
Improvement market value
$765,920
Total market value
$1,889,420
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
For Sale
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
10
Total area
8,706 SF
Lot
4.28 ac (186,436 SF)
APN
10-2S-24-0000-0046-0000
UPID
US18-5465267
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
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Rooms
10
Lot
4.28 ac
Current owner
From public records · entity-resolved
Feddon Holdings LLC
Entity
Free & Clear · 10 yrs held
Mailing address
350 BEAL PKWY N, FORT WALTON BEACH, FL 32548-3924
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
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
Jun 6, 2022
—
Feddon Holdings LLC
—
Deed
related
$2,400,000 · Pen Air Federal Cu
Aug 8, 2017
—
Feddon Holdings LLC
—
Deed
related
$1,025,000 · First Cty Bk/fl
Dec 4, 2015
$725,000
Feddon Holdings LLC
Federal Deposit Ins Corp
Grant Deed
—
May 4, 2012
—
First Natl Bk Of Crestview
York Family LLC Coc
Trustees Deed
related
—
Dec 12, 2003
$1,650,000
York Family LLC
Ford Leasing Development Co
Grant Deed
$1,650,000 · First National Bank Crestview
—
—
York Family LLC
—
Deed Of Trust
related
—
—
—
York Family LLC
—
Deed Of Trust
related
$400,000 · First National Bank Crestview
—
—
Feddon Holdings LLC
—
Deed Of Trust
related
$1,025,000 · First Cty Bk/fl
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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