Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7000 Blk Sears Blvd Pensacola, FL 32514
    Back to Search
    Property profile & analytics

    7000 Blk Sears Blvd, Pensacola, FL 32514

    View on Map
    • Land
    • 6.21 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 7000 Blk Sears Blvd

    Lot size
    6.21 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 6.208-acre industrial land parcel presents a unique investment opportunity in Pensacola, Florida. Strategically located off I-10 and I-110, this property enjoys unparalleled access to major transportation corridors, boasting an impressive average daily traffic count of 70,500 vehicles in 2023. Situated within the established Sears Industrial Park, the site benefits from existing utilities at the road and is zoned HCLI, perfect for heavy commercial and light industrial uses. The property's prime location offers high visibility and seamless transportation connections, making it ideal for businesses requiring efficient distribution and logistics capabilities. Nearby national tenants include Tesla, Blue Wind Technologies, and Old Dominion Freight, further solidifying the area's strong industrial presence. The property's APN is 211S302101000055. Its proximity to key cities like Atlanta, Miami, and Birmingham enhances its appeal for regional and national distribution operations. The asking price for this exceptional opportunity is $1,893,003. The address is 7000 Blk Sears Blvd, Pensacola, FL 32514, within Escambia County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2543
    Latitude
    30.5052

    Comparable in this City

    • Value Estimation by Request

      46,043 SF North Pensacola Commercial/Industrial For Sale

      46,043 SF North Pensacola Commercial/Industrial For Sale
      2716 Copter Rd, Pensacola, FL 32514
      View Details
    • Value Estimation
      $8,400,000
      196,488 SF

      9101 Ely Rd

      HEAVY INDUSTRIAL
      9101 Ely Rd, Pensacola, FL 32514-7019
      View Details
    • Value Estimation
      $10,685,000
      48,652 SF

      8301 Scenic Hwy

      HEAVY INDUSTRIAL
      8301 Scenic Hwy, Pensacola, FL 32514-7810
      View Details
    • Value Estimation by Request
      1,880 SF

      8788 Paul Starr Dr

      HEAVY INDUSTRIAL
      8788 Paul Starr Dr, Pensacola, FL 32514-7047
      View Details
    • Value Estimation
      $700,000
      7,192 SF

      8810 Ely Rd

      LUMBERYARD, BUILDING MATERIALS
      8810 Ely Rd, Pensacola, FL 32514-7012
      View Details
    • Value Estimation
      $48,985,000
      515,015 SF

      3395 Addison Dr

      HEAVY INDUSTRIAL
      3395 Addison Dr, Pensacola, FL 32514-7066
      View Details

    Similar Nearby for Sale

    • $899,000
      13.87 Acres

      Pensacola Land: 13.87 Acres

      Prime Pensacola development land, multi-family potential.
      0 University Pkwy, Pensacola, FL 32514
      View Details
    • $630,000

      Pensacola Land For Sale

      Land available at 720 E Olive Road, Pensacola, FL.
      720 E Olive Rd, Pensacola, FL 32514
      View Details
    • $255,000
      4.39 Acres

      Pensacola Wooded Land Opportunity

      4.39 acres of wooded land in Pensacola, Florida.
      381 Robinson Ln, Pensacola, FL 32514
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7000 Blk Sears Blvd
    Pensacola, FL 32514
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7000 Blk Sears Blvd, Pensacola, FL, 32514
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!