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    OFF-MARKET
    Neighborhood centers

    3822 9Th Ave, Pensacola, FL 32503

    38,022 SF Built 1976
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail redevelopment opportunity in Pensacola, Florida, presents a versatile 38,022 square foot property situated on a 2.581-acre lot at the prominent intersection of N 9th Ave and E. Fairfield Drive. The property, formerly a CVS Pharmacy, features a single-story building constructed in 1976 and zoned C-1. Currently, 17,280 square feet of vacant space is available, divisible into units as small as 3,000 square feet, with a maximum contiguous space of 17,280 square feet. The existing building's layout is ideal for a variety of uses, including dollar stores, medical facilities, or similar retail concepts. The substantial excess land offers significant potential for additional development, such as a gas station, car wash, fast-food restaurant, or quick-service restaurant, through ground leasing. This property presents a unique blend of existing inline retail space and significant land for expansion, making it an excellent investment for a variety of retail ventures. The property's address is 3822 N 9th Ave, Pensacola, FL 32503, with the APN 042S302007001067 in Escambia County. The owner is open to considering demising the space and/or building to suit tenant needs.

    Property profile
    Verified
    Property type Neighborhood centers
    Year built 1976
    Total area 38,022 SF
    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
    • AHW Barber Academy Barber Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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