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Property profile

0 Palafox St Pensacola, FL 32503

OFF-MARKET
Office Spaces
2,600 SF 1.4 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Office Spaces
Total area 2,600 SF
Lot 1.4 ac (60,984 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Palafox St Pensacola, FL 32503
Pensacola metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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