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    Property profile & analytics

    5204 Ferdon Blvd Crestview, FL 32536-9236

    • Bowling alleys
    • 26,314 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $2,125,000
    Last Sale
    Nov 05, 2020
    $1,875,000
    Location Intelligence
    Property ID
    US18-9174307
    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

    • Destiny Worship Center / Religious Institution

    Property Details for 5204 Ferdon Blvd

    Year built
    1988
    Construction
    STEEL FRAME
    Lot size
    0.10 lot acres
    Property size
    26,314 SF
    Property type
    Bowling alleys
    APN
    05-2N-23-0000-0003-001A
    APU
    052N2300000003001A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,880,000
      6.5%
      $1,855,000
      7%
      $1,980,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,780,000
      Geo Method
      $1,840,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,040,000
      Retail
      $1,680,000
      Mixed-Use
      $1,915,000
      Hospitality
      $1,835,000
      Educational
      $2,175,000
      Residential Income
      $1,985,000
      Energy
      $1,985,000
      Income-Based Land
      $1,930,000
      Food Service
      $1,805,000

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.572
    Latitude
    30.7065
    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
    $9,930
    $692,645
    $57,372
    $750,017
    -
    $692,645
    $57,372
    $750,017

    Comparable in this City

    • Value Estimation
      $205,000
      2,750 SF

      301 Main St

      DANCE HALL • 2,750 SF
      301 Main St, Crestview, FL 32536-3541
      View Details
    • Value Estimation
      $375,000
      12,323 SF

      544 Main St

      DANCE HALL • 12,323 SF
      544 Main St, Crestview, FL 32536-3538
      View Details
    • Value Estimation by Request
      13,000 SF

      381 Coleman St

      SKATING RINK, ICE SKATING, ROLLER SKATING • 13,000 SF
      381 Coleman St, Crestview, FL 32536-2603
      View Details
    • Value Estimation
      $710,000
      480 SF

      4050 Ferdon Blvd

      RECREATIONAL, ENTERTAINMENT • 480 SF
      4050 Ferdon Blvd, Crestview, FL 32536-5219
      View Details
    • Value Estimation by Request
      4,369 SF

      800 Spg Crk Blvd

      RECREATIONAL, ENTERTAINMENT • 4,369 SF
      800 Spg Crk Blvd, Crestview, FL 32536-5175
      View Details
    • Value Estimation
      $275,000
      8,048 SF

      298 Wilson St

      RECREATIONAL, ENTERTAINMENT • 8,048 SF
      298 Wilson St, Crestview, FL 32536-3438
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Crestview Hwy 90 Retail Space

      Brand-new commercial space, Hwy 90 access.
      200 Highway 90, Crestview, FL 32536
      View Details
    • $275,000
      0.33 Acres

      Crestview Commercial Space - High Potential

      Versatile 1900 sq ft, six rooms, prime location.
      226 Coleman St, Crestview, FL 32536
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    • $1,400,000
      2,342 SF

      Crestview Exxon Gas Station

      Profitable Florida Gas Station, $1.4M
      698 Ferdon Blvd, Crestview, FL 32536
      View Details
    • $459,900
      4,200 SF

      Crestview Retail Investment Opportunity

      Multi-Tenant Retail Building, High Occupancy
      696 Wilson St, Crestview, FL 32536
      View Details
    • $1,000,000
      2,711 SF

      Crestview Retail Lots - High Traffic Area

      Prime 1.13-acre retail site, two buildings, high traffic counts.
      582 S ferdon boulevard, Crestview, FL 32536
      View Details
    • $3,600,000

      Commercial Lot on Major Thoroughfare

      3.83 acre commercial lot in rapidly growing Crestview area.
      1212 N Ferdon Blvd, Crestview, FL 32536
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    Similar Nearby for Lease

    • $23 SF/Yr
      1,200 SF

      Crestview Retail Space: Prime Location

      High-traffic retail space in thriving Crestview, FL.
      2535 2499 S Ferdon Blvd, Crestview, FL 32536
      View Details
    • $26 SF/Yr
      1,430 SF

      Crestview Retail Space Available

      High-traffic retail space, Tractor Supply anchored.
      352 W James Lee Blvd, Crestview, FL 32536
      View Details
    • $205 SF/Yr
      5,600 SF

      Prime Crestview Office Space

      Iconic building, 4,200 sq ft available
      102 Main St, Crestview, FL 32536
      View Details
    • $3,500 /Mo
      3,000 SF

      Retail Space on Highway 85

      Retail space in Crestview with potential for various uses.
      641 N Ferdon Blvd, Crestview, FL 32536
      View Details
    • $6,200 /Mo

      Retail Space in High Traffic

      Spacious retail property in Crestview, Florida, with high potential.
      410 W James Lee Blvd, Crestview, FL 32536
      View Details
    • $2,784 /Mo

      Retail/Office Space on Hwy 90

      New commercial space near I-10, build-out options available.
      200 3Rd Ave, Crestview, FL 32536
      View Details
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    Crestview, FL 32536-9236
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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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