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    Property profile & analytics

    8196 Hwy 85th N Laurel Hill, FL 32567-2143

    • Turn key restaurants
    • 4,134 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-3801789
    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

    • Turn key restaurants

    Property Details for 8196 Hwy 85th N

    Year built
    1949
    Construction
    CONCRETE
    Lot size
    0.38 lot acres
    Property size
    4,134 SF
    Property type
    Turn key restaurants
    APN
    05-5N-22-2510-0003-0140
    APU
    055N22251000030140

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Laurel Hill
    County
    Okaloosa
    State
    Florida
    Longitude
    -86.4606
    Latitude
    30.9664
    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
    $1,550
    $25,118
    $95,666
    $120,784
    -
    $25,118
    $95,666
    $120,784

    Comparable in this City

    • Value Estimation by Request
      5,348 SF

      7488 Hwy 85th N

      RETAIL STORES (PERSONAL SERVICES) • 5,348 SF
      7488 Hwy 85th N, Laurel Hill, FL 32567-8216
      View Details
    • Value Estimation by Request
      1,840 SF

      1584 State Hwy 85

      VEHICLE SALES, RENTALS • 1,840 SF
      1584 State Hwy 85, Laurel Hill, FL 32567-3218
      View Details
    • Value Estimation
      $210,000
      3,548 SF

      23259 Us Hwy 331st N

      FINANCIAL BUILDING • 3,548 SF
      23259 Us Hwy 331st N, Laurel Hill, FL 32567-3140
      View Details
    • Value Estimation by Request
      8,000 SF

      3201 Heritage Plantation Blvd

      Retail properties • 8,000 SF
      3201 Heritage Plantation Blvd, Laurel Hill, FL 32567
      View Details
    • Value Estimation by Request
      1,152 SF

      135 State Hwy 85

      RETAIL STORES (PERSONAL SERVICES) • 1,152 SF
      135 State Hwy 85, Laurel Hill, FL 32567-3010
      View Details
    • Value Estimation by Request
      1,216 SF

      Hwy 85th N

      RETAIL STORES (PERSONAL SERVICES) • 1,216 SF
      Hwy 85th N, Laurel Hill, FL 32567
      View Details

    Similar Nearby for Sale

    • $2,995,000

      Prime Location with Limitless Potential

      Incredible opportunity with prime location and limitless potential.
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    • $2,995,000
      8,314 SF

      Spacious Multi-Use Waterfront Property

      Over 8,000 sq ft property with waterfront view.
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      8,000 SF

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    • $699,997
      1,904 SF

      Commercial Property on Hwy 85

      8 acres with 1900+ sq ft building in Laurel Hill.
      8072 Highway 85 N, Laurel Hill, FL 32567
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    • $250,000
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      40 Acres of Land

      40 acres of land with legal road access.
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      72 acres with planted pines and historic homesite.
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    8196 Hwy 85th N
    Laurel Hill, FL 32567-2143
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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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