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    Property profile & analytics

    4255 Ferdon Blvd Crestview, FL 32536-5224

    • Motels
    • 17,170 SF
    • 1.73 lot acres
    OFF-MARKET
    Value Estimation
    $3,955,000
    Last Sale
    Oct 20, 2022
    $3,700,000
    Location Intelligence
    Property ID
    US18-3510944
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Red Roof Inn Crestview / Hotel / Extended Stay Hotel

    Property Details for 4255 Ferdon Blvd

    Year built
    1988
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.73 lot acres
    Property size
    17,170 SF
    Property type
    Motels
    APN
    32-3N-23-0000-0031-0000
    APU
    323N23000000310000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,855,000
      6.5%
      $3,530,000
      7%
      $3,830,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,165,000
      Geo Method
      $3,745,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,810,000
      Retail
      $3,465,000
      Mixed-Use
      $4,045,000
      Hospitality
      $2,995,000
      Educational
      $3,725,000
      Residential Income
      $3,355,000
      Energy
      $3,050,000
      Income-Based Land
      $4,000,000
      Food Service
      $3,720,000

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5683
    Latitude
    30.7197
    CBSA code
    18880
    CBSA name
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $36,753
    $450,348
    $1,821,459
    $2,271,807
    -
    $450,348
    $1,821,459
    $2,271,807

    Comparable in this City

    • Value Estimation
      $3,580,000
      28,059 SF

      3101 Ferdon Blvd

      MOTEL • 28,059 SF
      3101 Ferdon Blvd, Crestview, FL 32536-8480
      View Details
    • Value Estimation by Request
      10,476 SF

      564 James Lee Blvd

      MOTEL • 10,476 SF
      564 James Lee Blvd, Crestview, FL 32536-5102
      View Details
    • Value Estimation by Request
      52,236 SF

      110 Crosson St

      MOTEL • 52,236 SF
      110 Crosson St, Crestview, FL 32536-5302
      View Details
    • Value Estimation by Request
      17,778 SF

      4050 Ferdon Blvd

      MOTEL • 17,778 SF
      4050 Ferdon Blvd, Crestview, FL 32536-5219
      View Details
    • Value Estimation by Request
      27,890 SF

      151 Cracker Barrel Dr

      MOTEL • 27,890 SF
      151 Cracker Barrel Dr, Crestview, FL 32536-2230
      View Details
    • Value Estimation
      $3,945,000
      17,046 SF

      3925 Ferdon Blvd

      MOTEL • 17,046 SF
      3925 Ferdon Blvd, Crestview, FL 32536-5218
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12.10 Acres

      Crestview Commercial Land Investment

      12 Acres, Hwy 85 & Airport Rd
      85 And Airport Rd, Crestview, FL 32536
      View Details
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      Crestview Office Building - $350K

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      Crestview Commercial Land For Sale

      Prime 1-acre development site, high traffic count.
      2350 PJ Adams Pkwy, Crestview, FL 32536
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    • $35,000
      0.25 Acres

      Residential Land in Family Neighborhood

      Land available to build a dream home in Crestview, Florida.
      Paradise Palm Cir, Crestview, FL 32536
      View Details
    • New
      $46,999
      0.56 Acres

      Vacant Lot in Okaloosa, FL

      0.56-acre lot with utilities and access to amenities.
      107 Nez Perce Trl, Crestview, FL 32536
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    • $185,000

      Prime Commercial Property in Crestview

      Commercial property in Crestview's high-growth corridor, ideal for investors.
      850 N Ferdon Blvd, Crestview, FL 32536
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      3,190 SF

      Crestview Retail Space For Lease

      High-traffic retail space in thriving Northview Plaza.
      751 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $19 SF/Yr
      1,600 SF

      Crestview Retail Space For Lease

      High-traffic location, 1600 sq ft available.
      3301 Ferdon Blvd, Crestview, FL 32536
      View Details
    • $3,000 /Mo
      11,141 SF

      Office and Warehouse Space Available

      Convenient location with offices, conference room, and warehouse space.
      701 Ashley Dr, Crestview, FL 32536
      View Details
    • $14 SF/Yr
      1,950 SF

      Medical/Professional Office Park Space

      Flexible medical and professional office space for lease.
      4100 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • $1,050 /Mo

      Crestview Retail or Office Space

      High-traffic corner location suitable for retail or office use.
      1097 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • $1,226 /Mo

      Retail/Office Space on Hwy 90

      New retail or office space near I-10 connection.
      200 1St Ave, Crestview, FL 32536
      View Details
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    Crestview, FL 32536-5224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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