Financial
Distress signals
Property profile

91 Ready Ave NW Fort Walton Beach, FL 32548

FOR SALE
Manufacturing properties
Property ID
US18-2993700
7,586 SF 1 ac lot Built 1991
Last sale Jun 2020 · $200,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an all-brick, multi-use industrial building located in the Fort Walton Beach Industrial Park. The facility includes four offices with space that could support an additional office, a reception area, and three and a half bathrooms (including one full bathroom with a shower), along with a kitchen/break room and a laundry area. It is configured to support storage and manufacturing uses, with opportunities for expansion. Building systems include a two-zone A/C setup, 3-phase

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$290k
Assessed land$104k
Assessed improvement$185k
Effective rate1.39%

Value estimate

· Sep 2026
$260k
$234k – $286k
AI approach$275k
NOI build-up
Gross scheduled income$141k
Vacancy & credit loss−$8k
Operating expenses−$47k
NOI · 6.17% cap applied$86k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$103/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$38 – $171

Cap rate analysis

How does the asset earn?
6.17%
$86k 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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.8
Law Firm17.4
Building Supply15.0

Location

91 Ready Ave NW Fort Walton Beach, FL 32548
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
42 Tupelo SE, Fort Walton Beach, FL 32548-5435 $1,850,000 Dec 2025 10,308 SF
97 Hl NW, Fort Walton Beach, FL 32548-3866 $1,850,000 Dec 2023 33,831 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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