Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    436 James Lee Blvd Crestview, FL 32536-2638
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    436 James Lee Blvd Crestview, FL 32536-2638

    View on Map
    • Specialty properties
    • 11,377 SF
    • 0.75 lot acres
    Off-Market
    Last Sale Feb 20, 2023
    $650,000
    Property ID
    US18-6284920
    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.
    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • OC's Towing / Auto Repair Shop / Auto Parts Store
    • Whitehurst Powell Funeral Home and Crematory / Social Service Agency
    • Oc's Towing & Recovery 1 Llc / Auto Repair Shop / Auto Parts Store

    Property Details for 436 James Lee Blvd

    Year built
    1977
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.75 lot acres
    Property size
    11,377 SF
    Property type
    Specialty properties
    APN
    18-3N-23-0880-0000-0150
    APU
    183N23088000000150

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $985,000
      ML approach
      $985,000

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,365,000
      RETAIL STORES
      $1,090,000
      AUTO REPAIR, GARAGE
      $910,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5828
    Latitude
    30.765
    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
    $7,088
    $197,169
    $240,937
    $438,106
    -
    $197,169
    $240,937
    $438,106

    Comparable in this City

    • Value Estimation by Request
      3,328 SF

      550 Mcdonald St

      CHARITABLE ORGANIZATION • 3,328 SF
      550 Mcdonald St, Crestview, FL 32536-3954
      View Details
    • Value Estimation
      $805,000
      9,920 SF

      601 Redstone W Ave

      VETERINARY, ANIMAL HOSPITAL • 9,920 SF
      601 Redstone W Ave, Crestview, FL 32536-6439
      View Details
    • Value Estimation by Request
      2,351 SF

      150 Woodlawn Dr

      CHARITABLE ORGANIZATION • 2,351 SF
      150 Woodlawn Dr, Crestview, FL 32536-2161
      View Details
    • Value Estimation by Request
      2,866 SF

      285 Ferdon Blvd

      VETERINARY, ANIMAL HOSPITAL • 2,866 SF
      285 Ferdon Blvd, Crestview, FL 32536-2751
      View Details
    • Value Estimation by Request
      8,179 SF

      404 Gdn St

      CHARITABLE ORGANIZATION • 8,179 SF
      404 Gdn St, Crestview, FL 32536-1704
      View Details
    • Value Estimation by Request
      4,067 SF

      6072 Hwy 85th N

      VETERINARY, ANIMAL HOSPITAL • 4,067 SF
      6072 Hwy 85th N, Crestview, FL 32536-7152
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Crestview Retail Opportunity on Ferdon

      Retail property with high traffic and national retailer proximity.
      3045 South Ferdon Blvd, Crestview, FL 32536
      View Details
    • $475,000
      15,246 SF

      Commercial Investment Opportunity

      Corner lot near Crestview High School and upcoming Wal-Mart.
      1202 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $400,000
      1,500 SF

      Crestview Commercial Property For Sale

      Commercial property available on Ferdon Boulevard in Crestview, Florida.
      835 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $1,495,000
      6,450 SF

      Crestview Commercial Property: Main Street Gem

      Iconic Office Building, 6,450 SF, Prime Location
      102 Main St, Crestview, FL 32536
      View Details
    • $350,000
      2,694 SF

      Crestview Office Building - $350K

      Historic Charm, Modern Updates, Ample Space
      292 W Oakdale Ave, Crestview, FL 32536
      View Details
    • $450,000

      Prime Commercial Lots in Crestview

      Three commercial lots with high visibility in central Crestview.
      297 S Ferdon Blvd, Crestview, FL 32536
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      2,003 SF

      Crestview Retail Space For Lease

      Prime 2,003 SF retail space in thriving Northview Plaza.
      751 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $20 SF/Yr
      1,187 SF

      Crestview Retail Space For Lease

      High-traffic retail space in thriving Northview Plaza.
      751 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $14,675 /Mo
      11,000 SF

      Crestview Retail Space - 11,000 SF

      High-traffic location, flexible lease options.
      2500 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • Contact for pricing

      Commercial Outparcel for Lease

      Outparcel for lease at 1390 N Ferdon Blvd.
      1390 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $5,000 /Mo
      11,000 SF

      Crestview Office Space For Rent

      Desirable Crestview building with highway frontage and high ceilings.
      5210 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • $2,900 /Mo

      Retail Space in Classic Center

      Retail space available in Crestview's Classic Center.
      4381 S Ferdon Blvd #6, Crestview, FL 32536
      View Details

    Property Visit Statistics

    • Visits by month
      13.8k
    • Visitors by month
      6.6k
    • Avg Time on site
      7 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    436 James Lee Blvd
    Crestview, FL 32536-2638
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!