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    23 N Navy Blvd Pensacola, FL 32507

    For Lease
    $12 SF/Yr ($2,291 /Mo)

    2,200 SF retail space with high traffic exposure.

    Property size:
    2,200 SF
    Lot size:
    0.50 Acres

    Property Features for 23 N Navy Blvd

    General Information

    Size
    2,200 SF
    Lot size
    0.50 Acres

    Source: Neal & Company, LLC Agent Robert "Beau" Vignes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Retail Space on Navy

    This property offers 2,200 square feet of retail space with significant exposure on Navy Boulevard. The unit has been recently renovated and is suitable for various business types, including retail or office use. Situated near the intersection of Navy Boulevard and Gulf Beach Highway/Barrancas Avenue, the location benefits from a daily traffic count of 26,000 vehicles. Note that the property experienced a few inches of water intrusion in June 2023 due to heavy rainfall. The location is not within a flood zone, and there were no prior flood insurance claims before this incident. The landlord will cover a tenant's flood insurance policy claim deductible in the event of a future flood.
    Location Intelligence

    Current Use by Public Records

    Elks barber shop Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2789805
    Latitude
    30.3888604

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    FAQs

    What type of property is this?
    Retail space - 2,200 SF retail space with high traffic exposure.
    Where is this retail space located?
    The property is located at 23 N Navy Blvd Pensacola, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location (26,000 daily traffic) near Navy Blvd & Gulf Beach Hwy/Barrancas Ave intersection.; - Recently renovated 2,200 SF retail space.; - Great exposure to Navy Blvd.
    (850) 776-5354
    Request Owner's contact information
    23 N Navy Blvd Pensacola, FL 32507
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    Pensacola, FL 32507
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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
    23 N Navy Blvd Pensacola, FL 32507
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