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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Warehouses
644 Anchors St Nwd Fort Walton Beach, FL 32548-3869
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4089344
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
STEEL FRAME
Total area
22,840 SF
Lot
1.11 ac (48,351 SF)
APN
09-2S-24-0000-0093-0150
UPID
US18-4089344
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
-
Corporate Benefits of the Emerald Coast Insurance Agency
-
Youth Village, Inc Daycare Center
-
Kevin Locht Agency Insurance Agency
-
GCIFL General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.40M
Owner & transaction history
Youth Village INC · 6 yrs held
Youth Village INC
since 2020
7 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,050,000
Current use
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10%
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
$61 / 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
$12,587
Tax year 2023
Assessed value
$902,764
Assessed 2023
Previous assessed
$868,732
+3.9% YoY
Effective rate
1.39%
On assessed value
Assessed land
$92,453
Assessed improvement
$810,311
Land market value
$92,453
Improvement market value
$810,311
Total market value
$902,764
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
2005
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Stories
1
Rooms
5
Total area
22,840 SF
Lot
1.11 ac (48,351 SF)
APN
09-2S-24-0000-0093-0150
UPID
US18-4089344
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
$2.1M
WAREHOUSE, STORAGE Current
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
2005
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
5
Lot
1.11 ac
Current owner
From public records · entity-resolved
Youth Village INC
Entity
Mailing address
124 MIRACLE STRIP PKWY SW UNIT #1200, FORT WALTON BEACH, FL 32548-6663
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2020
$410,000
Youth Village INC
Scott Unlimited LLC
Warranty Deed
$307,500 · Progress Bank & Trust
May 31, 2018
—
S & K Storage INC
—
Deed
related
$1,470,660 · Trustmark Nat'l Bk
Oct 5, 2005
—
Locht Trust
Locht,kevin H
Quit Claim Deed
related
—
Oct 28, 2004
—
Kevin H Locht
Locht,kevin H
Quit Claim Deed
related
—
Sep 20, 2004
—
S & K Storage INC
—
Trustees Deed
related
$725,000 · Trustmark Nat'l Bk
Mar 10, 2003
$121,000
Kevin Locht
Hamiton,carl T & Genevieve
Grant Deed
—
Mar 24, 1997
$110,000
Carl T Hamilton
Scott,john L & Beverly R
Grant Deed
$99,000 · Seller
—
—
S & K Storage INC
—
Loan Modification
related
—
—
—
S & K Storage INC
—
Loan Modification
related
$1,470,660 · Trustmark Nat'l Bk
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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