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    Palafox St Pensacola, FL 32503

    For Sale
    $1,400,000

    Established Car Dealership, 1.4 Acres

    Property size:
    2,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional business opportunity presents a well-established car lot in Pensacola, Florida, listed at $1,400,000. The property boasts a substantial 2,600 square foot office building situated on a 1.4-acre commercially zoned lot. A significant asset is the existing inventory, typically valued between $250,000 and $500,000, which fluctuates daily. Furthermore, a considerable amount of money is tied up in current collections from weekly payments, providing immediate revenue potential for the new owner. The property includes a covered work area, adding to its functionality and operational efficiency. Located on N Palafox St, in Escambia County, zip code 32503, this property offers a prime location in Pensacola, FL. The price per square foot is $538.46, reflecting the value of the established business, inventory, and land. This turnkey operation presents a unique opportunity for an investor seeking a profitable and established business with significant growth potential. The property's size and location make it ideal for continued operation as a car lot or potential redevelopment given its commercial zoning. Serious inquiries only.

    Property Features for 0 Palafox St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,600 SF
    Lot Size
    60,984 SF

    HighLights

    • $1,400,000 asking price.
    • Established car lot business for sale, including inventory and receivables.
    • 2,600 square foot office building on a 1.4‑acre commercially zoned lot.
    • Inventory valued between $250,000 and $500,000 (fluctuates daily).
    • Located at N Palafox St, Pensacola, FL 32503.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2399176
    Latitude
    30.4604162

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    FAQs

    What type of property is this?
    Office Property / Space - Established Car Dealership, 1.4 Acres
    Where is this office property / space located?
    The property is located at Palafox St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price.; Established car lot business for sale, including inventory and receivables.; 2,600 square foot office building on a 1.4-acre commercially zoned lot.
    Request Owner's contact information
    Palafox St Pensacola, FL 32503
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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
    Palafox St Pensacola, FL 32503
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