6121 Davis Hwy Pensacola, FL 32504
- Community centers
- 42,345 SF
- 12.26 lot acres
Current Use by Public Records
- Community centers
Property Details for 6121 Davis Hwy
- Year built
- 1986
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 12.26 lot acres
- Property size
- 42,345 SF
- Zone code
- C-1
- Property type
- Community centers
- APN
- 34-1S-30-3101-000-000
- APU
- 341S303101000000
Description
Pensacola Square, located at 6121 N Davis Hwy, Pensacola, FL 32504, offers a prime retail opportunity in a high-traffic location. This single-story, 135,072 square foot retail center, built in 1986 and renovated in 2005, boasts 465 parking spaces. Currently, there are 7 available spaces ranging from 1,200 to 40,586 square feet, with a total of 10,337 square feet currently vacant. The largest contiguous space available is 3,300 square feet. The center benefits from a strong tenant mix including national co-tenants such as Big Lots, Bealls Outlet, Hobby Lobby, Books-A-Million, Rainbow, Petland, and American Freight, ensuring high visibility and foot traffic. Situated on a major retail thoroughfare, North Davis Highway, the property enjoys exceptional daily traffic counts of 37,000 cars. This presents a unique opportunity for businesses seeking high visibility and access to a substantial customer base in a well-established retail center. The property's size and configuration offer flexibility for a variety of retail uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,690,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $13,880,000
- 6.5%
- $13,930,000
- 7%
- $12,220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $13,555,000
- Geo Method
- $15,485,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $15,620,000
- Retail
- $12,435,000
- Mixed-Use
- $11,375,000
- Hospitality
- $12,865,000
- Educational
- $12,020,000
- Residential Income
- $14,850,000
- Energy
- $14,050,000
- Income-Based Land
- $14,240,000
- Food Service
- $14,980,000
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2247
- Latitude
- 30.4875
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
