Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1015 Moreno St Pensacola, FL 32501-2315

    • Investment properties
    • 1,600 SF
    • 0.42 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3775053
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Homecare Services-Emerald Cst / Home Health Care Service / Handicapped Transportation Service

    Property Details for 1015 Moreno St

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.42 lot acres
    Property size
    1,600 SF
    Zone code
    R-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    00-0S-00-9050-099-056
    APU
    000S009050099056

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2316
    Latitude
    30.4284
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,880
    $0.00
    $0.00
    $395,131
    -
    $30,940
    $364,191
    $395,131

    Comparable in this City

    • Value Estimation by Request
      642 SF

      2416 L St

      OFFICE/RESIDENTIAL (MIXED USE) • 642 SF
      2416 L St, Pensacola, FL 32501
      View Details
    • Value Estimation by Request
      1,226 SF

      1217 9th Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,226 SF
      1217 9th Ave, Pensacola, FL 32501-3237
      View Details
    • Value Estimation by Request
      4,298 SF

      1200 Palafox St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,298 SF
      1200 Palafox St, Pensacola, FL 32501-2639
      View Details
    • Value Estimation by Request
      616 SF

      2506 St

      OFFICE/RESIDENTIAL (MIXED USE) • 616 SF
      2506 St, Pensacola, FL 32501-1619
      View Details
    • Value Estimation
      $1,345,000
      5,235 SF

      805 Gadsden St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,235 SF
      805 Gadsden St, Pensacola, FL 32501-4071
      View Details
    • Value Estimation by Request
      4,796 SF

      514 Baylen St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,796 SF
      514 Baylen St, Pensacola, FL 32501-3904
      View Details

    Similar Nearby for Sale

    • $370,000
      2,477 SF

      Historic Pensacola Office Building

      Income-producing, renovated historic office building.
      320 W Cervantes St, Pensacola, FL 32501
      View Details
    • $850,000
      4,448 SF

      Historic Pensacola Office Building

      Prime location, versatile space, historic charm.
      16 W La Rua St, Pensacola, FL 32501
      View Details
    • $325,000
      2,669 SF

      Prime Pensacola Retail Space

      High-visibility retail building, ample parking, walk-in cooler.
      1917 W Cervantes St, Pensacola, FL 32501
      View Details
    • $1,400,000
      3,004 SF

      Pensacola Gas Station & C-Store

      Profitable Pensacola investment opportunity. High-traffic location.
      1412 W Fairfield Dr, Pensacola, FL 32501
      View Details
    • $1,000,000
      5,594 SF

      Pensacola Mixed-Use Investment

      Prime location, warehouse & retail. Owner/user opportunity.
      2500 E St, Pensacola, FL 32501
      View Details
    • $315,000
      860 SF

      Downtown Pensacola Tri-plex Opportunity

      Tri-plex in Downtown Pensacola Historical District with commercial potential.
      127 W Belmont St, Pensacola, FL 32501
      View Details

    Similar Nearby for Lease

    • $5,950 /Mo
      4,200 SF

      Pensacola Executive Suites

      Mid-city office space, sale/lease.
      1851 St. Mary Avenue, Pensacola, FL 32501
      View Details
    • $10,115 /Mo

      Pensacola Mid-City Office Building

      7,140 SF Office, Sale/Lease, Ample Parking
      1851 St. Mary Avenue, Pensacola, FL 32501
      View Details
    • $1,275 /Mo
      850 SF

      Midtown Pensacola Office Space Available

      850 sq ft office, prime location, NNN lease.
      14 W Jordan St, Pensacola, FL 32501
      View Details
    • $1,000 /Mo
      1,000 SF

      Midtown Pensacola Office Suite 110B

      1,000 SF Office Space For Lease in Pensacola, FL
      14 W Jordan St, Pensacola, FL 32501
      View Details
    • $550 /Mo
      250 SF

      Pensacola Office Suite - 250 SF

      Modern, full-service office suite in downtown Pensacola.
      14 W Jordan St, Pensacola, FL 32501
      View Details
    • $9 SF/Yr
      34,300 SF

      Midtown Pensacola Retail Space

      Prime Pensacola retail space, 2,995 sq ft.
      14 Jordan St, Pensacola, FL 32501
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1015 Moreno St
    Pensacola, FL 32501-2315
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.