Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Warehouses
61 Carson NE Dr Fort Walton Beach, FL 32548
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-3766272
Property summary
AI-generated overview
This exceptional 7,611-square-foot warehouse in Fort Walton Beach, Florida, presents a compelling investment opportunity. Located at 61 NE Carson Dr, this Class C industrial property sits on a one-acre lot zoned CG Commercial, offering significant potential. Built in 1956, the warehouse features one loading dock, providing convenient access for loading and unloading goods. The asking price is $599,000, translating to $78.70 per square foot. The property is being sold "as-is," and prospective buyers are encouraged to review the zoning map provided. Given its prime location and zoning, this warehouse is well-suited for a variety of commercial uses. The property's one-acre lot size offers ample space for expansion or future development. Serious inquiries are welcome, and a minimum of 24 hours' notice is required for all showings. The APN is 13-2S-24-1771-0003-0080. This is a rare opportunity to acquire a well-located warehouse in a thriving Florida market. Further details are available upon request.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1956
Construction
STEEL FRAME
Total area
8,963 SF
Lot
0.7 ac (30,613 SF)
APN
13-2S-24-1771-0003-0080
UPID
US18-3766272
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$575k
Owner & transaction history
Allsouth Appliance Group LLC
Allsouth Appliance Group LLC
since 2026
Last sale
$575,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$925,000
+14.9%
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 Fort Walton Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Walton Beach 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
Method
Estimation
Statistic approach
$625,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$805,000
Current use
INDUSTRIAL (GENERAL)
$925,000
Change: +15% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Jan 9 2026)
Last sale anchor
$575k
Jan 9 2026
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$64 / SF
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
$3,342
Tax year 2023
Assessed value
$262,881
Assessed 2023
Previous assessed
$262,881
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$116,329
Assessed improvement
$146,552
Land market value
$116,329
Improvement market value
$146,552
Total market value
$262,881
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1956
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Total area
8,963 SF
Lot
0.7 ac (30,613 SF)
APN
13-2S-24-1771-0003-0080
UPID
US18-3766272
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$805,000
INDUSTRIAL (GENERAL)
Est. value
$925,000
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Allsouth Appliance Group LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4569 FLORIDA 20TH E, FREEPORT, FL 32439
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2026
$575,000
Allsouth Appliance Group LLC
Gulf Coast Marketing INC
Warranty Deed
—
Jul 3, 2023
$400,000
Gulf Coast Marketing INC
Gatlin Lumber & Supply Co INC
Warranty Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 61 Carson NE Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
