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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Bowling alleys
745 Beal N Pkwy, Fort Walton Beach, FL 32547-3045
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-2987419
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1987
Construction
STEEL FRAME
Total area
24,334 SF
Lot
3.11 ac (135,508 SF)
APN
03-2S-24-0000-0205-0000
UPID
US18-2987419
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
-
GreatFlorida Insurance - Bryan Mcgehee Insurance Agency
-
Progressive Great Florida Insurance Insurance Agency
-
Voice To the Nations FWB Church
-
Primera Iglesia Hispana Discipulos de Cristo Church
-
Hollywood Vapor Smokes (Bike/Boat/Book/etc) Store Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$874k
Blend (final)
Blend
$800k
Owner & transaction history
Baxter A Winfree · 8 yrs held
Baxter A Winfree
since 2017
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
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$33 / 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
$20,505
Tax year 2023
Assessed value
$1,656,244
Assessed 2023
Previous assessed
$1,595,762
+3.8% YoY
Effective rate
1.24%
On assessed value
Assessed land
$653,060
Assessed improvement
$1,003,184
Land market value
$653,060
Improvement market value
$1,003,184
Total market value
$1,656,244
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
14
Total area
24,334 SF
Lot
3.11 ac (135,508 SF)
APN
03-2S-24-0000-0205-0000
UPID
US18-2987419
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
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
14
Lot
3.11 ac
Current owner
From public records · entity-resolved
Baxter A Winfree
Individual
Mailing address
11 RACETRACK RD NE STE H1, FORT WALTON BEACH, FL 32547-1879
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Nov 13, 2017
—
Baxter A Winfree
Mixon Plaza LLC
Quit Claim Deed
related
—
Jan 20, 2017
—
Mixon Plaza LLC
—
Deed
related
—
Mar 6, 2013
—
Mixon Plaza LLC
—
Trustees Deed
related
$50,000 · Trustmark National Bank
Mar 31, 2003
—
Mixon Plaza LLC
Mixon,alvie D
Quit Claim Deed
related
—
—
—
Mixon Plaza LLC
—
Deed Of Trust
related
$180,000 · Trustmark National Bank
—
—
Mixon Plaza LLC
—
Deed Of Trust
related
$440,000 · Trustmark National Bank
—
—
Mixon Plaza LLC
—
Deed Of Trust
related
—
—
—
Mixon Plaza LLC
—
Deed Of Trust
related
$180,000 · Trustmark National Bank
—
—
Mixon Plaza LLC
—
Deed Of Trust
related
$1,800,000 · Trustmark National Bank
—
—
Mixon Plaza LLC
—
Loan Modification
related
—
—
—
Mixon Plaza LLC
—
Deed Of Trust
related
$876,997 · Community Bank NA
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.
Try Rey
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