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Property profile & analytics
OFF-MARKET
Estimated value
$1,880,000
Warehouses
997 Industrial Dr A-D Crestview, FL 32539-8949
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-5174162
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2008
Construction
STEEL FRAME
Total area
13,800 SF
Lot
2.48 ac (108,000 SF)
APN
04-3N-23-1840-0009-0030
UPID
US18-5174162
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
-
Tellus Self Storage - Crestview Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$1.88M
Owner & transaction history
D&d Crestview LLC · 13 yrs held
D&d Crestview LLC
since 2013
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+87.2%
Commercial (general)
$2.5M
+62.3%
Neighborhood: shopping center
$2.2M
+38.0%
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 Crestview submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Crestview 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%
$2,400,000
6.5%
$2,215,000
7%
$2,055,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,565,000
Current use
RESTAURANT
$2,930,000
Change: +87% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,540,000
Change: +62% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,160,000
Change: +38% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,130,000
Change: +36% · Conversion: Easy
RETAIL STORES
$1,800,000
Change: +15% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,425,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$1.88M
Range $1.69M – $2.07M · ±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
$136 / 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
$23,295
Tax year 2023
Assessed value
$2,623,211
Assessed 2023
Previous assessed
$2,459,980
+6.6% YoY
Effective rate
0.89%
On assessed value
Assessed land
$432,648
Assessed improvement
$2,190,563
Land market value
$432,648
Improvement market value
$2,190,563
Total market value
$2,623,211
Applied tax rate
1.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
67
Bathrooms
1
Total area
13,800 SF
Lot
2.48 ac (108,000 SF)
APN
04-3N-23-1840-0009-0030
UPID
US18-5174162
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
WAREHOUSE, STORAGE Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
RETAIL STORES
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (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
2008
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
67
Bathrooms
1
Lot
2.48 ac
Current owner
From public records · entity-resolved
D&d Crestview LLC
Entity
Mailing address
12287 HWY 49, GULFPORT, MS 39503-2742
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2022
—
D & D Crestview LLC
—
Deed
related
$2,623,500 · The First A National Banking Assn
Feb 6, 2013
—
D&d Crestview LLC
D&d Abita Springs LLC
Special Warranty Deed
$3,900,000 · Ubs Real Estate Securities INC
Nov 26, 2012
—
D & B Abita Springs LLC
—
Deed Of Trust
related
$5,164,772 · Vsi III Lndr LLC
Mar 6, 2007
—
Bill Salter Advertising INC
Fleming,wilbur
Grant Deed
related
—
Sep 8, 2006
$675,000
D & D Abita Springs LLC
Fleming,w J & Carol S
Warranty Deed
$3,300,000 · Regions Bank
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.
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