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    Property profile & analytics

    710 Hospital Dr Crestview, FL 32539

    • Commercial real estate
    • 3,703 SF
    For Lease
    View listing
    $0.08 SF/Yr
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US18-7789153
    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

    • Panhandle Orthopaedics / Orthopedic Surgeon
    • Florida Center For Orthopaedics / Orthopedic Surgeon
    • Dr. Richard C. Smith, MD / Orthopedic Surgeon
    • Melanie Broome / Physical Therapist
    • Deborah Goodwin / Physical Therapist

    Property Details for 710 Hospital Dr

    Year built
    2007
    Property size
    3,703 SF
    Property type
    Commercial real estate
    APN
    29-3N-23-3000-0000-00B2
    APU
    293N233000000000B2

    Description

    This exceptional two-story medical office building, totaling 3,000 square feet, presents a unique investment opportunity in the thriving Crestview area. Constructed in 2007, the Class B building boasts a single-tenant occupancy, currently housing Panhandle Orthopaedics. Its strategic location near the North Okaloosa County Medical Center capitalizes on the area's robust healthcare sector and significant ongoing expansion. The property features multiple exam rooms and private offices, catering to the needs of a medical practice. A spacious breakroom and kitchen add to the functionality and comfort of the space. The building's efficient layout and ample space provide a comfortable and productive environment for medical professionals. With limited available office space in this rapidly growing area, this property represents a rare chance to acquire a well-established medical office building in a high-demand location. The property's Assessed Parcel Number (APN) is 29-3N-23-3000-0000-00B2. This is a single-tenant property with a strong existing tenant. The building's two stories offer flexibility and potential for future expansion or adaptation. The convenient location and high demand for medical office space in Crestview make this a compelling investment prospect.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Crestview
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.5604
    Latitude
    30.7333
    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
    $9,626
    $0.00
    $595,000
    $595,000
    -
    $0.00
    $595,000
    $595,000

    Comparable in this City

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    • Value Estimation
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      41,736 SF

      5660 John Givens Rd

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      180 Redstone Ave

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    • Value Estimation
      $385,000
      2,971 SF

      600 Hospital Dr, Unit 1

      COMMERCIAL (GENERAL) • 2,971 SF
      600 Hospital Dr, Crestview, FL 32539-7356
      View Details

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    Crestview, FL 32539
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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