Firestone Investment Property For
37 East 9 Mile Road, Pensacola, FL 32534
Investment property featuring a 6,212 SF Firestone on 0.53 acres.
Type:Retail
Property size:
6,212 SFLot size:
0.53 AcresPrice / SF:
$136/SF- Added:
- Jan 27, 2026
- Days on Market:
- 126
- Last Refresh:
- Feb 11 at 8:46 pm
Property Features for 37 East 9 Mile Road
General Information
- Standard status
- Active
- Size
- 6,212 SF
- Lot size
- 0.53 Acres
- Property subtype
- Retail
Listing agent Harry Bell Jr. License #FL #BK3026917 (850) 240-0527
Listing office Bellcore Commercial LLC (850) 240-0527
Listing date Jan 27, 2026
Source Bellcorecommercial
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Bellcore Commercial LLC
HighLights
- Investment property leased to Firestone, providing immediate income.
- High‑traffic location with +/- 118 feet of frontage on E Nine Mile Rd (37,000 AADT).
- Located in a rapidly growing Pensacola market with a strong economy and tourism.
- Zoned HC/LI (Heavy Commercial/Light Industrial), offering flexible usage options.
- Significant size: +/- 0.53 acres with +/- 6,212 SF building.
- Proximity to major retailers (Walmart, Costco, etc.), military bases (NAS Pensacola, Whiting Field), airport, hospitals, university, and tourist destinations.
Overview
This investment property for sale is home to a 6,212 square foot Firestone building, situated on approximately 0.53 acres. The property is zoned HC/LI (Heavy Commercial/Light Industrial) and features approximately 118 feet of frontage along E Nine Mile Rd, which sees an average annual daily traffic count of 37,000. The location is near national retailers such as Walmart, Starbucks, Verizon, AT&T, Publix, Dollar General, Lowes, Home Depot, and Walgreens. A new Costco is coming soon to the area. Pensacola, located on Florida’s Gulf Coast near the Florida/Alabama state line, has experienced significant growth due to high population increases and strong median income. The area's booming economy and tourism have fueled housing and retail demand. The government has a substantial presence in the metro, with over 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. The property is near the core retail trade area, the airport, hospitals, the University of West Florida, NAS Pensacola, Whiting Field Naval Base, and tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.8k | $18.00 |
| − Vacancy | −$11.5k | −$1.85 |
| EGI | $100.3k | $16.15 |
| − OpEx | −$30.1k | −$4.84 |
| NOI | $70.2k | $11.30 |
6,212 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.00M
$877.6K – $1.17M
NOI $70,209 @ 7.0% cap · market cap 8.28%
Second Best
Industrial
$500.4K
$437.8K – $583.8K
NOI $35,026 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$1.82M
$1.60M – $2.13M
NOI $127,620 @ 7.0% cap · market cap 15.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Firestone Complete Auto ...
(Bike/Boat/Book/etc) Store
Similar Places Nearby
- Insurance Express Automotive — 8596 Orange Ave, Pensacola, FL 32534
- Sunshine Self Storage - Pensacola — 110 E 9 Mile Rd, Pensacola, FL 32534
- U-Haul Neighborhood Dealer — 9571 Nims Ln, Pensacola, FL 32534
- U-Haul Neighborhood Dealer — 8602 N Palafox St, Pensacola, FL 32534
- Beyond Rental Cars — 9578 Nims Ln, Pensacola, FL 32534
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.27
- Latitude
- 30.5326
Nearby Similar for Sale
FAQs
What type of property is this?
Automotive property - Investment property featuring a 6,212 SF Firestone on 0.53 acres.
Where is this automotive property located?
The property is located at 37 East 9 Mile Road Pensacola, FL.
What is the asking price?
The asking price for this property is $847,440.
What are key features of this property?
This property features: Investment property leased to Firestone, providing immediate income.; **High‑traffic location with +/- 118 feet of frontage on E Nine Mile Rd (37,000 AADT).**; Located in a rapidly growing Pensacola market with a strong economy and tourism.
