Property profile

1167 College Blvd Pensacola, FL 32504

FOR SALE
Retail space
Property ID
US18-4011074
2,998 SF 0.48 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,720 square foot retail property, located at 1167 College Boulevard in Pensacola, Florida, presents a lucrative investment opportunity. Situated on a 0.48-acre lot, this established convenience store and gas station benefits from a high-traffic location, promising strong returns. The property's legal description begins at the Northeast corner of the section, proceeding Northwest along the section line for 185.386 feet to the West Right-of-Way line of Ninth Avenue (100-foot Right-of-Way). This well-positioned commercial asset offers significant potential for continued growth and profitability. The asking price is $700,000. The property's existing infrastructure and established clientele provide a solid foundation for a new owner. Prospective buyers are strongly encouraged to conduct a comprehensive due diligence process to fully assess the property's suitability for their investment goals. This includes, but is not limited to, reviewing all relevant financial records, conducting a thorough site inspection, and verifying all zoning and permitting information. The opportunity to acquire a thriving business in a desirable location like this is rare and should not be missed. Serious inquiries only.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,998 SF
Lot 0.48 ac (21,000 SF)
Zoning code C-1
APN 33-1S-30-7101-014-001
UPID US18-4011074

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Rental Facility

Location

1167 College Blvd Pensacola, FL 32504
Pensacola metro Census 1201 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$552k
Blend (final) Blend
$550k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C-1 · Pensacola, FL
Zoning description

The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial/high intensity commercial uses. Conventional resident…

General category MIXED_USE
Top alternative use upside
Neighborhood: shopping center $460,000 +27.2%
Auto repair, garage $420,000 +16.0%
Commercial (general) $410,000 +12.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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