Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7000 blk sears boulevard Pensacola, FL 32514
    Back to Search
    Property profile & analytics

    7000 blk sears boulevard Pensacola, FL 32514

    View on Map
    • Land
    For Sale
    $1,893,003
    View Listing →
    6.21 Acres Industrial Acreage For Sale For Sale
    $1,893,003
    270,508 SF

    6.21 Acres Industrial Acreage For Sale

    6.21 Acres Industrial Acreage For Sale

    7000 blk sears boulevard, Pensacola, FL 32514
    View Listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 7000 blk sears boulevard

    Property type
    Land
    Property subtype
    Commercial land

    Description

    Unique opportunity to acquire 6.2082 acre HC/LI zoned acreage in sought after industrial park off Olive road. This prime location is conveniently located near the busy I-10 and I-110 travel corridor, offering easy access for freight distribution. The industrial park is home to Blue Wind Technologies, Tesla, Builders Specialties Supplies, and Old Dominion Freight and other leading national and regional commercial users. With immediate proximity to the I-10 on ramp and an average daily traffic count of 70,000, this location is ideal for businesses looking for high visibility and easy accessibility. The I-10 highway stretches from Florida through the southern U.S., making it a preferred route for truckers traveling across the country.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    State
    Florida
    Longitude
    -87.2518824
    Latitude
    30.4415185

    Comparable in this City

    • Value Estimation by Request

      0.35 Acres Land Pending Sale - Scenic HWY

      0.35 Acres Land Pending Sale - Scenic HWY
      9985 Scenic Highway, Pensacola, FL 32514
      View Details
    • Value Estimation by Request

      2.849 Acre Development Opportunity

      2.849 Acre Development Opportunity
      2160 Academy Dr, Pensacola, FL 32514
      View Details
    • Value Estimation by Request

      1 ACRE IMPROVED COMMERCIAL SITE NE PENSACOLA

      1 ACRE IMPROVED COMMERCIAL SITE NE PENSACOLA
      1860 Atwood Dr, Pensacola, FL 32514
      View Details
    • Value Estimation by Request

      13.87 Acres off University Pkwy

      13.87 Acres off University Pkwy
      0 University Pkwy, Pensacola, FL 32514
      View Details
    • Value Estimation by Request

      1.23 Acres Land For Sale - Davis Hwy-Near West FL Hosp

      1.23 Acres Land For Sale - Davis Hwy-Near West FL Hosp
      9000 Blk N. Davis, Pensacola, FL 32514
      View Details
    • Value Estimation by Request

      $60K Reduction!!!!-East Olive Rd Corner - 0.52 AC

      $60K Reduction!!!!-East Olive Rd Corner - 0.52 AC
      3498 E Olive Rd, Pensacola, FL 32514
      View Details

    Similar Nearby for Sale

    • $375,000
      1.34 Acres

      Pensacola Commercial Land - $375K

      1.34 Acres, High-Traffic Location, I-10 Access
      8175 Scenic Hwy, Pensacola, FL 32514
      View Details
    • $149,500
      0.36 Acres

      Prime Pensacola Commercial Land

      High-visibility, shovel-ready lot near major intersection.
      9021 University Pkwy, Pensacola, FL 32514
      View Details
    • $895,000
      6.50 Acres

      Pensacola Development Land

      6.5 Acres, Prime Location, $895,000
      2113 Atwood Dr, Pensacola, FL 32514
      View Details
    • $425,000
      2.71 Acres

      Prime Pensacola Commercial Land

      High-traffic Hwy location, development potential
      9820 N Davis Hwy, Pensacola, FL 32514
      View Details
    • Contact for pricing

      Pensacola Land For Sale

      Land available in Pensacola, Florida.
      8500 Vickie St, Pensacola, FL 32514
      View Details
    • $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

    Similar Nearby for Lease

    • $3,000 /Mo
      26,136 SF

      Prime Pensacola Industrial Land Lease

      0.6-acre lot, I-10 access, modified gross lease.
      7801 Sears Blvd, Pensacola, FL 32514
      View Details
    • $3,500 /Mo
      87,120 SF

      Pensacola Land: Prime Commercial Acreage

      Fully fenced, I-110 access, ideal storage.
      7722 Kipling street, Pensacola, FL 32514
      View Details
    • Contact for pricing

      Sears Industrial Park Land

      1.71 acres of HC/LI zoned land in Pensacola.
      7506 Sears Blvd, Pensacola, FL 32514
      View Details
    • Contact for pricing
      15,000 SF

      Industrial Land for Lease

      0.6 AC lot in industrial complex, convenient interstate access.
      7801 Sears Blvd, Pensacola, FL 32514
      View Details
    • Contact for pricing

      Commercial Land For Sale

      Commercial land suitable for office and retail development.
      3498 E Olive Rd, Pensacola, FL 32514
      View Details
    • Contact for pricing

      Pensacola Retail Pad Site

      Ground lease opportunity near major retailers in Pensacola, Florida.
      9300 Baldridge Dr, Pensacola, FL 32514
      View Details
    View Listing
    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 boulevard
    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 boulevard, 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!