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Property profile & analytics
FOR SALE
Commercial land
10950 Lillian Hwy Pensacola, FL 32506
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US19-0381358
For Sale
1 / 24
$335,000
10950 Lillian Hwy, Pensacola, FL 32506
View Listing →
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.65 ac (71,961 SF)
Zoning code
HDMU
APN
16-2S-31-4001-003-002
UPID
US19-0381358
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Perdido Land Management LLC · 6 yrs held
Perdido Land Management LLC
since 2020
5 recorded transactions
Zoning & alternative use
HDMU · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pensacola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pensacola submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,081
Tax year 2023
Assessed value
$74,273
Assessed 2023
Previous assessed
$90,000
-17.5% YoY
Effective rate
1.46%
On assessed value
Land market value
$90,000
Total market value
$90,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Heating
NONE
Lot
1.65 ac (71,961 SF)
Zoning code
HDMU
APN
16-2S-31-4001-003-002
UPID
US19-0381358
Jurisdiction
ESCAMBIA
Zoning & alternative use
HDMU · Pensacola, FL
Zoning HDMU · permitted uses
HDMU · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pensacola. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.65 ac
Current owner
From public records · entity-resolved
Perdido Land Management LLC
Entity
Mailing address
762 HALCYON CIR, PENSACOLA, FL 32506-8305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2020
$450,000
Perdido Land Management LLC
Curtis Sumrok
Warranty Deed
$216,336 · Smartbank
Aug 9, 2011
$75,000
Perdido Land Management LLC
Synovus Bk
Grant Deed
$48,750 · Coastal Bank & Trust
Oct 12, 2009
—
Coastal Bank & Trust Of Florida
Savery,myles T Coc
Trustees Deed
related
—
Aug 9, 2005
$600,000
Myles Savery
Conner,albert J JR
Warranty Deed
$400,000 · Bank Of Pensacola
Apr 1, 2005
$450,000
Albert J Conner
Medlock,carl J & Charles A
Warranty Deed
$390,000 · Bank Of Pensacola
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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