Financial
Distress signals
Property profile

238 Michigan Ave Pensacola, FL 32505

OFF-MARKET
Outlet malls
Property ID
US18-1061906
8,006 SF 0.42 ac lot Built 1976
Last sale Jan 2021 · $175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$157k
Effective rate1.55%

Value estimate

· Sep 2026
$140k
$126k – $154k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$85/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$48 – $124
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HDMU
JurisdictionESCAMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.3
Dental Office13.8
Realty agency13.2

Location

238 Michigan Ave Pensacola, FL 32505-2864
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3800 Kelly, Pensacola, FL 32505-4212 $425,000 Dec 2024 10,710 SF
2404 Fairfield, Pensacola, FL 32505-5138 $620,000 May 2024 9,425 SF
3830 Liggett, Pensacola, FL 32505-5225 $585,000 Jun 2023 12,838 SF
3881 Pasco, Pensacola, FL 32505-5241 $725,000 Apr 2023 11,408 SF
Pensacola, FL 32505-3953 $290,400 Dec 2019 5,627 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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