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Property profile & analytics
FOR LEASE
Office buildings
14 W Jordan St 110B, Pensacola, FL 32501
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-0219968
For Lease
1 / 26
$995/Mo
14 W Jordan St,Unit 110B, Pensacola, FL 32501
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Property summary
AI-generated overview
This exceptional 2,995-square-foot retail space is located in the Midtown Professional Building at 14 W Jordan St, Pensacola, FL 32501. Situated in a Class B, two-story building totaling 34,300 square feet, this unit offers a versatile layout ideal for various uses, including fitness centers, offices, cafes, or wellness centers. The building underwent renovations in 2020 and features convenient amenities such as one elevator and ample parking with 100 spaces. The property is zoned COM and boasts a prime location with easy access to I-10, serving both downtown Pensacola and the broader community. The space is part of a multi-tenant building fostering a diverse professional environment. The minimum divisible space is 2,995 square feet. Located near the intersection of Maxwell and Palafox streets, this property presents a unique opportunity in Escambia County (APN: 000S009010001124). Net, net, net (NNN) rent and utilities total $1,865 per month. This space is perfect for a coffee shop, smoothie bar, craft brewery, yoga studio, or a similar business.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,044 SF
Lot
1.69 ac (73,650 SF)
Zoning code
C-2,R-2
APN
00-0S-00-9010-001-124
UPID
US18-0219968
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Oh'Brow Beauty Spa & Massage Center Skin Care Clinic
-
North Florida Clinical Services LLC Laboratory
-
Baptist Hospital Lab Patient Medical Laboratory
-
Samson Rogelio D MD Pediatrician Physician
-
Whitney White, NP Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$1.90M
Owner & transaction history
Phoenix Palafox LLC · 4 yrs held
Phoenix Palafox LLC
since 2021
Last sale
$1.6M
4 recorded transactions
Zoning & alternative use
C-2,R-2 · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pensacola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pensacola submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,260,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.60M (Jul 15 2021)
Last sale anchor
$1.60M
Jul 15 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$63 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$27,089
Tax year 2023
Assessed value
$1,529,245
Assessed 2023
Previous assessed
$1,421,226
+7.6% YoY
Effective rate
1.77%
On assessed value
Land market value
$154,665
Improvement market value
$1,374,580
Total market value
$1,529,245
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Bathrooms
19
Total area
30,044 SF
Lot
1.69 ac (73,650 SF)
Zoning code
C-2,R-2
APN
00-0S-00-9010-001-124
UPID
US18-0219968
Jurisdiction
ESCAMBIA
Zoning & alternative use
C-2,R-2 · Pensacola, FL
Zoning C-2,R-2 · permitted uses
C-2,R-2 · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pensacola. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Bathrooms
19
Lot
1.69 ac
Current owner
From public records · entity-resolved
Phoenix Palafox LLC
Entity
Mailing address
120 E MAIN ST STE D, PENSACOLA, FL 32502-6096
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
$1,595,000
Phoenix Palafox LLC
Millwood Terrace INC
Warranty Deed
$1,436,000 · Regions Bank
Apr 28, 2017
—
Millwood Terrace INC
—
Deed
related
$1,458,113 · United Bank
Nov 13, 2006
$2,450,000
Millwood Terrace INC
National Laundry & Cleaning
Warranty Deed
$1,740,000 · Gulf Coast Community Bank
—
—
National Laundry & Cleaning Co
—
Deed Of Trust
related
$95,000 · Gulf Coast Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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