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Property profile

8196 Fl-85 Laurel Hill, FL 32567

FOR SALE
Turn key restaurants
Property ID
US18-3801789
4,134 SF 0.38 ac lot Built 1949
Last sale Mar 2005 · $265,000
Individually Owned Owner of record is an individual. 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-story restaurant building in Laurel Hill, Florida, with restaurant use on the first floor and a second-floor area of approximately 1,302 square feet divided into six rooms for alternative business uses. The site comprises approximately 1.41 acres with about 184 feet of frontage on Hwy 85 and includes a dedicated drive-through and on-site parking estimated at 15 dedicated spaces with additional space for overflow. Improvements include a fully equipped commercial kitchen…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$121k
Assessed land$25k
Assessed improvement$96k
Effective rate1.28%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$280k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$8k
Operating expenses−$27k
NOI · 4.95% cap applied$46k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$212/SF
County average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$103 – $329
Qualifying comparables7

Cap rate analysis

How does the asset earn?
4.95%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionOKALOOSA

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.3
Cafe & Coffee Shop7.9
Hair Salon7.8

Location

8196 Fl-85 Laurel Hill, FL 32567
County assessor Recorded deeds · 4 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8195 Hwy 85th N, Laurel Hill, FL 32567 $237,500 Jun 2022 3,352 SF
3925 2nd, Laurel Hill, FL 32567 $200,000 Mar 2022 3,008 SF
8192 2nd, Laurel Hill, FL 32567 $200,000 Mar 2022 2,132 SF
3927 2nd, Laurel Hill, FL 32567-2002 $200,000 Mar 2022 1,988 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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