Property profile

4021 North St Pensacola, FL 32505

OFF-MARKET
Warehouses
4,510 SF 0.4 ac lot Built 1987
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Property summary

AI-generated overview

This exceptional mixed-use property in Pensacola, Florida, presents a lucrative investment opportunity. Located at 4021 North W Street, this 4,510 square foot building sits on a 0.403-acre lot and boasts a 7% cap rate. Built in 1987, the property currently operates as a 100% occupied convenience store with additional warehouse space and storefront capabilities. The zoning is HC/LI, allowing for a variety of uses. Features include a well-functioning deli, beauty supply section, ample parking (over 10 cars), a manager's office with an en-suite bathroom, a standard restroom, and a dedicated storage room. The asking price is $1,200,000 ($266.08/sq ft). The sale includes the building, fixtures, furniture, and equipment (FF&E), and goodwill. A separate appraisal will determine the value of the existing inventory. The property's versatility allows for continued operation as a multi-use retail space, potential conversion into a drive-thru restaurant, or leasing to multiple tenants. This prime location and flexible zoning make it an ideal investment for discerning buyers seeking strong returns and diverse operational possibilities. The property is zoned for HC/LI use.

Property profile

Verified
Property type Warehouses
Year built 1987
Total area 4,510 SF
Lot 0.4 ac (17,555 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Grocery & Convenience Store Food Market
  • Atm Bank

Location

4021 North St Pensacola, FL 32505
Pensacola metro
Google Maps

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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