698 N Ferdon Blvd Crestview, FL 32536
Property profile & analytics
698 N Ferdon Blvd Crestview, FL 32536
- Grocery and convenience stores
- 4,563 SF
- 0.70 lot acres
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.
Location Intelligence
Current Use by Public Records
- Krispy Krunchy Chicken / Restaurant
- CoinFlip Bitcoin ATM / Commercial Agent / Currency Exchange Service
- FLA Convenience / Grocery & Convenience Store
- Exxon / Gas Station
Property Details for 698 N 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 estimation — 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
