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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Grocery and convenience stores
3802 Ferdon Blvd Crestview, FL 32536-5300
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-4604143
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1994
Construction
STEEL FRAME
Total area
10,012 SF
Lot
1.35 ac (58,598 SF)
APN
29-3N-23-0000-0025-0020
UPID
US18-4604143
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
-
Mobil Gas Station
-
FILL UPS FOOD STORES Gas Station
-
Exxon Gas Station
-
ATM (Exxon) Atm
-
Exxon 3802 S Ferdon blvd unit b Crestview Fl 32536 Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$806k
Blend (final)
Blend
$630k
Owner & transaction history
T & M United II LLC · 8 yrs held
T & M United II LLC
since 2017
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 Crestview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crestview 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
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$63 / 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
$15,134
Tax year 2023
Assessed value
$935,465
Assessed 2023
Previous assessed
$903,213
+3.6% YoY
Effective rate
1.62%
On assessed value
Assessed land
$578,715
Assessed improvement
$356,750
Land market value
$578,715
Improvement market value
$356,750
Total market value
$935,465
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
15
Total area
10,012 SF
Lot
1.35 ac (58,598 SF)
APN
29-3N-23-0000-0025-0020
UPID
US18-4604143
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
1994
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
15
Lot
1.35 ac
Current owner
From public records · entity-resolved
T & M United II LLC
Entity
Mailing address
402 HIGH PT DR STE #101, COCOA, FL 32926-6602
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2017
$750,000
T & M United II LLC
Gulf Coast Properties 102 LLC
Warranty Deed
—
Apr 4, 2011
$1,450,000
Gulf Coast Properties 102 LLC
South Ferdon Boulevard LLC
Grant Deed
$1,169,516 · Standard Insurance Co
Jun 30, 2010
$2,747,400
3802 South Ferdon Boulevard Ll
Tate Ents INC
Deed In Lieu Of Foreclosure
related
—
Nov 23, 2009
—
Fill-ups Food Stores INC
—
Deed Of Trust
related
$1,547,000 · Standard Insurance Co
—
—
Tate Ents INC
—
Deed Of Trust
related
$2,254,000 · Standard Insurance Co
—
—
Gulf Coast Properties 106 LLC|gulf Coast
—
Deed Of Trust
related
$300,000 · Stancorp Mtg Invtrs
—
—
Tate Ents INC
—
Deed Of Trust
related
$2,254,000 · Stancorp Mortgage Investors
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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