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    Property profile & analytics

    4840 S Ferdon Blvd Crestview, FL 32536

    • Commercial real estate
    • 3,412 SF
    • 0.96 lot acres
    For Sale
    View listing
    $6,000,000
    Value Estimation
    Location Intelligence
    Property ID
    US18-7964886
    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

    • Commercial real estate

    Property Details for 4840 S Ferdon Blvd

    Year built
    1954
    Construction
    FRAME
    Lot size
    0.96 lot acres
    Property size
    3,412 SF
    Property type
    Commercial real estate
    APN
    32-3N-23-0000-0054-0000
    APU
    323N23000000540000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $440,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $505,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $580,000
      Geo Method
      $520,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $450,000
      Mixed-Use
      $415,000
      Hospitality
      $440,000
      Educational
      $460,000
      Residential Income
      $400,000
      Energy
      $395,000
      Income-Based Land
      $485,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5708
    Latitude
    30.7142
    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
    $9,428
    $848,584
    $28,656
    $877,240
    -
    $848,584
    $28,656
    $877,240

    Comparable in this City

    • Value Estimation by Request

      200 Highway 90

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      2,054 SF

      317 Main St

      COMMERCIAL (GENERAL) • 2,054 SF
      317 Main St, Crestview, FL 32536-3541
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      18,299 SF

      5479 Old Bethel Rd

      COMMERCIAL (GENERAL) • 18,299 SF
      5479 Old Bethel Rd, Crestview, FL 32536-5512
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      2,481 SF

      121 Wilson St

      COMMERCIAL (GENERAL) • 2,481 SF
      121 Wilson St, Crestview, FL 32536-3435
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    • Value Estimation by Request
      1.97 Acres

      320-370 Redstone Ave

      Commercial real estate • 1.97 Acres
      320-370 Redstone Ave, Crestview, FL 32536
      View Details
    • Value Estimation by Request
      37.30 Acres

      Oak Hill Rd

      Land • 37.30 Acres
      0 Oak Hill Rd, Crestview, FL 32536
      View Details

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    • Contact for pricing

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      Crestview Commercial Land - $1.495M

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    Similar Nearby for Lease

    • Contact for pricing

      Crestview Commercial Land for Lease

      One-acre commercial outparcel available.
      1390 Ferdon Blvd, Crestview, FL 32536
      View Details
    • $24 SF/Yr
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      Crestview Retail Space Available

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    • $14,675 /Mo
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      Crestview Retail Space - 11,000 SF

      High-traffic location, flexible lease options.
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    • $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
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    • $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
    • $20 SF/Yr
      3,600 SF

      Prime Corner Suite in Crestview

      Highly visible corner suite ideal for medical, office, or retail.
      535 S Ferdon Blvd, Crestview, FL 32536
      View Details
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    Crestview, FL 32536
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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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