Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Cres Wood Rd Navarre, FL 32566

    • Investment properties
    • 576 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6425797
    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

    • Investment properties

    Property Details for Cres Wood Rd

    Year built
    2005
    Construction
    WOOD
    Lot size
    0.14 lot acres
    Property size
    576 SF
    Zone code
    R1M
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    21-2S-26-0780-0TT00-0010
    APU
    212S2607800TT000010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Navarre
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.8074
    Latitude
    30.4123
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, 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
    $398
    $1,000
    $24,176
    $25,176
    -
    $1,000
    $24,176
    $25,176

    Comparable in this City

    • Value Estimation by Request
      2,050 SF

      1719 Briza Del Mar Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,050 SF
      1719 Briza Del Mar Dr, Navarre, FL 32566-7324
      View Details
    • Value Estimation by Request
      2,392 SF

      8111 Navarre Pkwy

      OFFICE/RESIDENTIAL (MIXED USE) • 2,392 SF
      8111 Navarre Pkwy, Navarre, FL 32566-6907
      View Details
    • Value Estimation by Request
      3,604 SF

      9648 Bone Blf Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 3,604 SF
      9648 Bone Blf Dr, Navarre, FL 32566-2550
      View Details
    • Value Estimation by Request
      2,700 SF

      1958 Serosa Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,700 SF
      1958 Serosa Dr, Navarre, FL 32566-8536
      View Details
    • Value Estimation by Request
      2,970 SF

      8530 Shadesview Pl

      OFFICE/RESIDENTIAL (MIXED USE) • 2,970 SF
      8530 Shadesview Pl, Navarre, FL 32566-3102
      View Details
    • Value Estimation by Request
      839 SF

      7614 Forester Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 839 SF
      7614 Forester Rd, Navarre, FL 32566-9633
      View Details

    Similar Nearby for Sale

    • $479,000

      Corner Lot Live-Work Opportunity

      Prime commercial lot in Navarre, ideal for live-work development.
      000 Frontera St, Navarre, FL 32566
      View Details
    • $625,000
      3,384 SF

      Navarre Commercial Property Investment

      High-traffic, multi-use commercial space in Navarre, FL.
      7552 Navarre Pkwy, Navarre, FL 32566
      View Details
    • $250,000
      0.82 Acres

      Prime Navarre Commercial Land

      0.82-acre lot, ideal location, $250,000
      00 Fourth St, Navarre, FL 32566
      View Details
    • $650,000
      1.50 Acres

      Navarre Commercial Land Investment Opportunity

      Prime 1.5-acre corner lot, high visibility.
      7100 Navarre Pkwy, Navarre, FL 32566
      View Details
    • $675,000
      1,944 SF

      Navarre Commercial Building For Sale

      Prime Navarre Office/Retail Space
      8400 Racing Ln, Navarre, FL 32566
      View Details
    • $174,900

      Corner Lot Near Waterfront Homes

      Spacious corner lot near the water, ideal for building.
      4652 Smokey Rd, Gulf Breeze, FL 32566
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      1,162 SF

      Navarre Retail Space For Lease

      Prime Navarre location, 1162 sq ft, NNN lease.
      8740 Ortega Park Dr, Navarre, FL 32566
      View Details
    • $1.13 SF/Yr
      110,207 SF

      Navarre Parkway Commercial Land Lease

      Prime 2.54-acre lot, high-traffic location.
      9040 Navarre Parkway, Navarre, FL 32566
      View Details
    • $15 SF/Yr
      5,761 SF

      Navarre Office Space For Rent

      Office space available for lease in Navarre, Florida.
      8888 Navarre Pkwy, Navarre, FL 32566
      View Details
    • $1,450 /Mo
      908 SF

      Renovated Unit Near Beach

      Recently renovated 2 bed, 1 bath unit near shopping and beach.
      1900 Presidio St, Navarre, FL 32566
      View Details
    • $17 SF/Yr
      5,564 SF

      Prime Retail Space on Navarre Parkway

      High-visibility retail space in a rapidly growing community.
      8155 Navarre Pkwy, Navarre, FL 32566
      View Details
    • $17 SF/Yr
      1,162 SF

      Navarre Retail Space - Ortega Plaza

      Prime Navarre retail space, 1162 sq ft, NNN lease.
      8740 Ortega Park Dr, Navarre, FL 32566
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Cres Wood Rd
    Navarre, FL 32566
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.