Property profile

1417 W Cervantes St Pensacola, FL 32501

FOR LEASE
Other retail properties
Property ID
US18-9061000
8,308 SF 0.5 ac lot Built 1959
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is an industrial commercial building with a total size of 14,394 square feet.

Property profile

Verified
Property type Other retail properties
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1959
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,308 SF
Lot 0.5 ac (21,780 SF)
Zoning code C-1,C-3
APN 00-0S-00-9060-007-076
UPID US18-9061000

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
  • Discount Store
  • Hardware & Home Improvement Interior Design
  • (Bike/Boat/Book/etc) Store

Location

1417 W Cervantes St Pensacola, FL 32501
Pensacola metro Census 400 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$741k
Blend (final) Blend
$1.07M

Owner & transaction history

since 2023
Last sale
$1.3M
4 recorded transactions
2023
$1.3M
2019
$405,000
2018
$405,000
2008
$215,000

Zoning & alternative use

C-1,C-3 · Pensacola, FL
Top alternative use upside
Neighborhood: shopping center $1.3M +110.0%
Auto repair, garage $1.2M +91.5%
Office building $1.1M +87.2%

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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