85 Airport Blvd Pensacola, FL 32503
- Community centers
- 16,793 SF
- 1.66 lot acres
Current Use by Public Records
- Unique Nails Lounge / Nail Salon
- Little Caesars Pizza / Pizza Restaurant / American Restaurant
- Dirty Dough Cookies - Pensacola / Cookie Shop / Dessert Restaurant
- PJ's Coffee / Coffee Shop
- Maxim Healthcare Services Pensacola, FL Regional Office / Home Health Care Service / Nursing Agency
Property Details for 85 Airport Blvd
- Year built
- 2022
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.66 lot acres
- Property size
- 16,793 SF
- Zone code
- HC/LI
- Property type
- Community centers
- APN
- 47-1S-30-1101-000-072
- APU
- 471S301101000072
Description
This exceptional Class-A retail and restaurant development, built in 2022, offers a unique leasing opportunity in Pensacola, Florida. The 17,000 square foot shopping center is situated on a 3-acre lot at the highly visible intersection of Palafox Street and Airport Boulevard, boasting over 32,000 cars daily. The property is zoned HC/LI and features two end-cap drive-thru spaces, along with multiple inline spaces ranging from a minimum of 729 square feet to a maximum contiguous space of 2,935 square feet. Currently, the entire 17,000 square feet is vacant, presenting a blank canvas for a variety of businesses. The center benefits from excellent signage opportunities and ample parking, ensuring high visibility and convenient access for customers. This location is ideal for retail, office, medical, or restaurant uses, capitalizing on its prime position within one of Florida's fastest-growing Metropolitan Statistical Areas. The property's APN is 471S301101002072 & 471S301101000072. Don't miss this chance to establish your business in a thriving, high-traffic location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,925,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,000,000
- 6.5%
- $3,930,000
- 7%
- $4,005,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,640,000
- Geo Method
- $3,950,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,760,000
- Retail
- $3,870,000
- Mixed-Use
- $4,600,000
- Hospitality
- $4,415,000
- Educational
- $3,975,000
- Residential Income
- $4,510,000
- Energy
- $4,240,000
- Income-Based Land
- $4,000,000
- Food Service
- $3,575,000
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2462
- Latitude
- 30.475
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
