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Property profile & analytics
FOR LEASE
Car washes
493 N Ferdon Blvd Crestview, FL 32536
Entity Owned
1-yr Hold
Free & Clear
Property ID
US18-0803008
For Lease
1 / 6
$5,250/Mo
493 N Ferdon Blvd, Crestview, FL 32536
View Listing →
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2001
Construction
STEEL FRAME
Total area
5,892 SF
Lot
0.32 ac (14,000 SF)
APN
17-3N-23-2490-0055-0050
UPID
US18-0803008
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
-
Logan’s Auto Detailing Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Navkar & Navkar INC · 1 yrs held
Navkar & Navkar INC
since 2024
Last sale
$365,100
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,356
Tax year 2023
Assessed value
$207,466
Assessed 2023
Previous assessed
$203,817
+1.8% YoY
Effective rate
1.62%
On assessed value
Assessed land
$92,975
Assessed improvement
$114,491
Land market value
$92,975
Improvement market value
$114,491
Total market value
$207,466
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
Car washes
Use group
CAR WASH
Status
For Lease
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
5,892 SF
Lot
0.32 ac (14,000 SF)
APN
17-3N-23-2490-0055-0050
UPID
US18-0803008
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
2001
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Navkar & Navkar INC
Entity
Free & Clear · 1 yrs held
Mailing address
493 N FERDON BLVD, CRESTVIEW, FL 32536-2741
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2025
—
Navkar & Navkar INC
—
Deed
related
$395,250 · The First A National Banking Assn
Dec 31, 2024
$365,100
Navkar & Navkar INC
The First Bank
Warranty Deed
—
Feb 27, 2009
$600,000
Crestview Auto Spa LLC
Auto Detailers INC
Warranty Deed
$460,000 · Beach Community Bank
Sep 5, 2000
$38,200
Auto Detailers INC
Fackler,michael H
Grant Deed
$348,000 · First National Bank Florida
Dec 2, 1998
$85,000
Michael H Fackler
Aultman,john R
Grant Deed
$85,000 · 1317 Development Corp
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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