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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Car washes
707 Beal NW Pkwy, Fort Walton Beach, FL 32547-3049
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US18-5295027
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,647 SF
Lot
0.52 ac (22,800 SF)
APN
03-2S-24-0000-0224-0010
UPID
US18-5295027
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
-
Ronny's Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$515k
Owner & transaction history
Ronnys Car Wash At Beat Pkwy LLC · 3 yrs held
Ronnys Car Wash At Beat Pkwy LLC
since 2022
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
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$111 / 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
$7,337
Tax year 2023
Assessed value
$592,672
Assessed 2023
Previous assessed
$393,256
+50.7% YoY
Effective rate
1.24%
On assessed value
Assessed land
$394,936
Assessed improvement
$197,736
Land market value
$394,936
Improvement market value
$197,736
Total market value
$592,672
Applied tax rate
12.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Total area
4,647 SF
Lot
0.52 ac (22,800 SF)
APN
03-2S-24-0000-0224-0010
UPID
US18-5295027
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
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Ronnys Car Wash At Beat Pkwy LLC
Entity
Mailing address
14455 PERDIDO KEY DR UNIT #501, PENSACOLA, FL 32507-5224
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
—
Ronnys Car Wash At Beat Pkwy LLC
Harding R Douglas
Warranty Deed
$3,000,000 · Smartbank
Jul 7, 2020
$450,000
Harding R Douglas
Sai Raj Orlando LLC
Grant Deed
—
Apr 7, 2020
$300,000
Sai Raj Orlando LLC
Gulf Coast Wash Systems LLC
Warranty Deed
—
May 20, 2019
—
Gulf Coast Wash Systems LLC
—
Deed
related
$148,784 · United Bk
Dec 21, 2012
$1,185,000
Gulf Coast Wash Systems LLC
Bluewater Wash Systems LLC
Warranty Deed
$1,199,650 · United Bank
Apr 3, 2008
—
Bluewater Wash Systems LLC
—
Trustees Deed
related
$50,000 · United Bank
Nov 3, 2006
—
Bluewater Wash Systems LLC
—
Trustees Deed
related
$1,900,000 · United Bank
Jan 20, 2004
$340,000
Bluewater Wash Systems LLC
Marshall,mitchell
Grant Deed
$804,000 · First City Bank Florida
—
—
Gulf Coast Wash Systems LLC
—
Loan Modification
related
$148,784 · United Bk
—
—
Mitchell Marshall
—
Deed Of Trust
related
$170,000 · Colonial Bank
—
—
Bluewater Wash Systems LLC
—
Deed Of Trust
related
$49,500 · Colonial Bank
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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