4469 Mobile Hwy Pensacola, FL 32506
- Community centers
- 27,045 SF
- 6.27 lot acres
Current Use by Public Records
- Bingo Paradise Inc / Bingo Hall
- ATM / Atm
- William Scott Vipcare Mobile Hwy / General Practitioner
- Florida Medical Lab / Medical Laboratory
- Dr. Edwin Roberts, A Chiropractic Tradition / Physical Examination Center / Physical Therapist
Property Details for 4469 Mobile Hwy
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 6.27 lot acres
- Property size
- 27,045 SF
- Zone code
- COM
- Property type
- Community centers
- APN
- 34-2S-30-0050-001-005
- APU
- 342S300050001005
Description
Paradise Square Shopping Center, located at 4469 Mobile Hwy, Pensacola, FL 32506, presents a unique investment opportunity in a high-traffic area. This single-story, 75,799 square foot shopping center boasts a prime location at the intersection of Mobile Highway and W Fairfield Drive, ensuring excellent visibility and accessibility. The property features a total of nine suites, with two currently available, ranging from 2,280 to 7,800 square feet. The minimum divisible space is 7,800 square feet. The center is comprised of a mix of retail and office spaces, suitable for traditional office use or medical office practices. Ample parking is provided with 536 spaces available for tenants and customers. Current tenants include established businesses such as Aaron's Rent to Own, Paradise Liquor, Paradise Bingo, Teen Challenge, and Walgreens, creating a strong and diverse tenant mix. This property offers a compelling opportunity for businesses seeking high visibility and a well-established location in a thriving Pensacola community. The property's strategic location on Mobile Highway ensures high traffic volume and exposure to a large customer base. The existing tenant roster demonstrates the center's appeal and potential for continued success. This is an exceptional opportunity to acquire a well-positioned commercial property in a desirable market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,125,000
- 6.5%
- $7,345,000
- 7%
- $8,120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,560,000
- Geo Method
- $7,785,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $7,770,000
- Retail
- $6,985,000
- Mixed-Use
- $6,635,000
- Hospitality
- $7,910,000
- Educational
- $8,130,000
- Residential Income
- $7,840,000
- Energy
- $7,205,000
- Income-Based Land
- $8,105,000
- Food Service
- $8,025,000
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2765
- Latitude
- 30.433
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
