Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

698 Ferdon Blvd Crestview, FL 32536

  • Grocery and convenience stores
  • 4,563 SF
  • 0.70 lot acres
For Sale
Last Sale
Jun 30, 2025
$1,100,000
Value Estimations
Cap Rate Potential
8.1%
Grocery and convenience stores
Location Intelligence
Property ID
US18-3150615
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

  • Krispy Krunchy Chicken / Chicken Restaurant
  • CoinFlip Bitcoin ATM / Bank / Business Banking Service
  • FLA Convenience / Convenience Store / Deli
  • Exxon / Gas Station

Property Details for 698 Ferdon Blvd

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.70 lot acres
Property size
4,563 SF
Property type
Grocery and convenience stores
APN
08-3N-23-0000-0050-0000
APU
083N23000000500000

Description

This thriving Exxon Mobile gas station in Crestview, Florida, presents a unique investment opportunity. Priced at $1,400,000, this Class B, single-tenant property boasts 2,342 square feet on a 0.61-acre lot. Built in 1998 and renovated in 2008, the property features a 100% occupancy rate with a 4.00% cap rate. The NNN lease structure ensures a low-maintenance investment. Key features include two gas pumps, a beer cave, two walk-in coolers, and a full-service commercial kitchen operating a Krispy Krunchy Chicken franchise. The property also benefits from a large front and rear parking lot, a recently replaced roof, and tile restrooms. Its prime location near I-10, major restaurants, Eglin Air Force Base, and the popular tourist destinations of Pensacola and Destin, Florida, ensures high traffic volume. A new Exxon sign is expected in October 2024. The property is zoned COM and is being sold as an owner-user sale. A non-disclosure agreement and proof of funds will be required. Serious inquiries only.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,520,000
    ML approach
    $1,445,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,050,000
    6.5%
    $1,895,000
    7%
    $1,760,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Crestview
County
Okaloosa
State
Florida
Longitude
-86.5673
Latitude
30.7692
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
$5,832
$190,999
$172,083
$363,082
-
$190,999
$172,083
$363,082
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message