New search
Property profile & analytics
OFF-MARKET
Estimated value
$11,395,000
Automotive properties
777 Beal N Pkwy, Fort Walton Beach, FL 32547-3056
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7466052
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2017
Construction
STEEL FRAME
Total area
59,270 SF
Lot
6.57 ac (286,150 SF)
APN
03-2S-24-0000-0089-0000
UPID
US18-7466052
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
-
FedEx Drop Box Postal Service Courier Service
-
Zt Motors Car Dealership
-
Toyota of Fort Walton Beach Car Dealership
-
Toyota of Fort Walton Beach-Service Auto Repair Shop
-
Toyota of Fort Walton Beach-Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.61M
Blend (final)
Blend
$11.40M
Owner & transaction history
Car Ztm Fl Toy LLC · 8 yrs held
Car Ztm Fl Toy LLC
since 2017
6 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$13,600,000
Current use
RESTAURANT
$13,535,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$12,820,000
Change: -6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$11,555,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$11.40M
Range $10.26M – $12.53M · ±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
$192 / 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
$102,021
Tax year 2023
Assessed value
$8,240,638
Assessed 2023
Previous assessed
$7,961,448
+3.5% YoY
Effective rate
1.24%
On assessed value
Assessed land
$4,954,713
Assessed improvement
$3,285,925
Land market value
$4,954,713
Improvement market value
$3,285,925
Total market value
$8,240,638
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
44
Total area
59,270 SF
Lot
6.57 ac (286,150 SF)
APN
03-2S-24-0000-0089-0000
UPID
US18-7466052
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$13.6M
RESTAURANT
Est. value
$13.5M
RETAIL STORES
Est. value
$12.8M
COMMERCIAL (GENERAL)
Est. value
$11.6M
AUTO REPAIR, GARAGE Current
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Rooms
44
Lot
6.57 ac
Current owner
From public records · entity-resolved
Car Ztm Fl Toy LLC
Entity
Free & Clear · 8 yrs held
Mailing address
8484 WESTPARK DR STE #200, MCLEAN, VA 22102-3588
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2021
—
Cars Db4 LP
—
Deed
related
—
Nov 22, 2017
—
Car Ztm Fl Toy LLC
—
Grant Deed
related
$11,360,809 · Barclays Bk/plc
Aug 22, 2017
—
Car Ztm Fl Toy LLC
Zt Motors Realty LP
Quit Claim Deed
related
—
Aug 21, 2017
$17,478,200
Car Ztm Fl Toy LLC
Zt Motors Realty LP
Grant Deed
—
Aug 19, 2009
—
Mark Kelly Of Fwb LLC
Kelly Land Holdings Of Nwf Ltd
Quit Claim Deed
related
—
May 12, 2003
$143,000
Kelly Land Holdings Of Nwf Ltd
Walters,marshall H
Grant Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 777 Beal N Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
