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Property profile & analytics

638 N Ferdon Blvd Crestview, FL 32536

  • Commercial real estate
  • 4,876 SF
  • 0.22 lot acres
Value Estimation
$795,000
Last Sale
Sep 20, 2023
$650,000
Location Intelligence
Property ID
US18-4079150
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

  • Orthopaedic Institute of Northwest Florida - Crestview / Orthopedic Clinic / Sports Medicine Physician
  • Robert Huang, MD / Orthopedic Surgeon / Pediatric Orthopedic Surgeon
  • Pro Vita Physical Therapy / Wellness Center / Physical Therapy Clinic
  • Padgett Business Services Emerald Coast / Accountant
  • Affordable Pest Control Crestview / Pest Control Service

Property Details for 638 N Ferdon Blvd

Year built
1983
Construction
FRAME
Lot size
0.22 lot acres
Property size
4,876 SF
Property type
Commercial real estate
APN
08-3N-23-0000-0057-0000
APU
083N23000000570000

Description

This exceptional 1,558 square foot office space is available for lease in Crestview, Florida. Located at 638 N Ferdon Blvd, this property boasts a prime location adjacent to the bustling Highway 85, ensuring high visibility and accessibility. The space is situated on the second floor of a two-story, 4,540 square foot building constructed in 1983. The building is classified as a traditional office building with multiple tenancies. This particular unit offers a well-designed layout, perfect for a variety of businesses. Features include five individual offices, providing ample space for staff and clients, a dedicated private waiting room for enhanced client experience, and a convenient kitchenette for employee comfort. The building is located in Okaloosa County, Florida, with the zip code 32536. This is a fantastic opportunity to secure a well-appointed office space in a high-traffic area. The available space represents a portion of the building's total square footage. This is a traditional office space, ideal for businesses seeking a professional and functional workspace. The property's convenient location and well-designed interior make it an attractive option for businesses seeking a comfortable and productive environment. Contact us today to schedule a viewing.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $820,000
  • CAP approach

    CAP return
    Estimation
    6%
    $615,000
    6.5%
    $615,000
    7%
    $620,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $640,000
    Geo Method
    $590,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $700,000
    Retail
    $720,000
    Mixed-Use
    $665,000
    Hospitality
    $755,000
    Educational
    $745,000
    Residential Income
    $635,000
    Energy
    $585,000
    Income-Based Land
    $710,000
    Food Service
    $685,000

Location Insight

  • Map
  • Local Demand
City
Crestview
County
Okaloosa
State
Florida
Longitude
-86.5677
Latitude
30.768
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
$7,169
$75,751
$367,389
$443,140
-
$75,751
$367,389
$443,140
More about this property
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