6707 Pensacola Blvd Pensacola, FL 32505
- Turn key restaurants
- 5,321 SF
- 0.99 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 6707 Pensacola Blvd
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.99 lot acres
- Property size
- 5,321 SF
- Zone code
- HC/LI
- Property type
- Turn key restaurants
- APN
- 39-1S-30-1103-000-001
- APU
- 391S301103000001
Description
This 4,950-square-foot, two-story restaurant building is located at 6707 Pensacola Blvd, Pensacola, FL 32505. Built in 1984 and renovated in 2020, the property features a full kitchen with functional equipment and two dining areas. The interior boasts recently updated appliances. The building sits on a C-Class site with a GC (Heavy Commercial/Light Industrial) zoning designation. The property includes 45 parking spaces and benefits from high visibility on Pensacola Boulevard, boasting approximately 39,000 vehicles per day. Neighboring businesses include national brands such as Waffle House, McDonald's, and AMC Theatres, creating a dense retail corridor. Easements exist for access to neighboring Splash City Adventures and AMC Classic Theatres. Limited existing furniture, fixtures, and equipment (FF&E) are included in the sale. The property is currently vacant, presenting a prime opportunity for a restaurant tenant-user. Lease terms are negotiable.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $420,000
- 6.5%
- $425,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $425,000
- Retail
- $355,000
- Mixed-Use
- $480,000
- Hospitality
- $355,000
- Educational
- $405,000
- Residential Income
- $375,000
- Energy
- $470,000
- Income-Based Land
- $360,000
- Food Service
- $460,000
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2604
- Latitude
- 30.4886
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA