408 John SimsNiceville, FL 32578

  • Drive through restaurants
  • 2,756 SF
Off market
$5,934,000 Estimated

Property Details for 408 John Sims

Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.59 AC
Property size (Sq ft)
2,756 SF
Property type
Drive through restaurants
APN
06-1S-22-0000-0023-00B0
APU
061S220000002300B0

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $548,689
    6.5%
    $506,482
    7%
    $470,305
  • Comparable approach

    Method
    Valuation
    Relative Method
    $470,059
    Geo Method
    $493,729
  • Alternative Use

    Use
    Valuation
    Residential
    $427,237
    Hospitality
    $391,347
    Educational
    $325,596
    Medical
    $336,793
    Retail
    $506,482

Location Insight

City
Niceville
County
Okaloosa
State
Florida
Latitude
30.5213
Longitude
-86.4866
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
$4,938
$260,798
$109,641
$370,439
-
$260,798
$109,641
$370,439

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