4021 North St Pensacola, FL 32505
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.