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    8187 W Fairfield Drive Pensacola, FL 32506

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $745,000

    Established Liquor Store, High Growth Potential

    Property size:
    22,419 SF

    Description

    Added:
    Feb 7, 2025
    Days on Market:
    333
    This thriving 2,000 square foot liquor store in Pensacola, Florida, is a turnkey opportunity for investors. Located on 7.94 acres at 8187 W Fairfield Drive, 32506, this business currently operates under a 3-PS license (off-premises consumption only). The existing license offers significant value, and a conversion to a 4-COP license (allowing on-premises consumption) is possible. This upgrade would unlock substantial revenue growth by enabling the addition of on-site services like a bar or restaurant. The 4-COP license is quota-based, and while purchasing one separately can cost over $400,000, this established business already possesses the valuable 3-PS license. The annual license fee for a 4-COP license in Escambia County is approximately $1,820. The asking price for this established business is $745,000. The property itself encompasses a total building size of 22,419 square feet. The conversion process involves applying through the Florida Department of Business and Professional Regulation (DBPR), and may require zoning and compliance checks to ensure adherence to state and local regulations. This presents a unique opportunity to acquire a profitable business with significant upside potential.

    Property Features for 8187 W Fairfield Drive

    General Information

    Property type
    Other retail properties
    Square Feet
    22,419 SF
    Price / Square Foot
    $33
    Elevators
    N/A
    Net Rentable
    2,000 SF
    Lot Size
    345,935 SF

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    1

    HighLights

    • Established Pensacola liquor store, 2,000 square feet.
    • Located in Escambia County, Florida, zip code 32506.
    • Asking price: $745,000.
    Location Intelligence

    Current Use by Public Records

    Grocery Outlet Grocery Store Subway Sandwich Shop Dirt Cheap Discount Store Dr. George B. ... Internist LIQUOR PARADISE Liquor Store

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.31617
    Latitude
    30.422303

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    FAQs

    What type of property is this?
    Other retail property - Established Liquor Store, High Growth Potential
    Where is this other retail property located?
    The property is located at 8187 W Fairfield Drive Pensacola, FL.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: Established Pensacola liquor store, 2,000 square feet.; Located in Escambia County, Florida, zip code 32506.; Asking price: $745,000.
    (850) 564-0120
    Request Owner's contact information
    8187 W Fairfield Drive Pensacola, FL 32506
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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
    8187 W Fairfield Drive Pensacola, FL 32506
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