Property profile

1449 9th Mile Rd Pensacola, FL 32534

OFF-MARKET
Community centers
Property ID
US18-5945102
27,465 SF 3.8 ac lot Built 2022
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a first-floor retail center within the W 9 Mile Towncenter at 1449 W Nine Mile Rd, Pensacola, FL 32534, comprising two retail suites: Suite 4 and Suite 7, each with approximately 1,425 square feet of space. Suite 4 previously operated as Fistful of Dough and retains a hood system. Suite 7 is finished out, with interior conditions that may require review to confirm fit for specific uses. The complex includes a total of 18 units, including other spaces of approximately 1,710 square feet, and provides on-site parking with 178 spaces. The shopping center setting is surrounded by medical office and multi-family development, and both suites are subject to tenant-use restrictions regarding direct competition with existing tenants.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2022
Construction TYPE NOT SPECIFIED
Total area 27,465 SF
Lot 3.8 ac (165,528 SF)
Zoning code HC/LI
APN 12-1S-31-1100-012-001
UPID US18-5945102

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Gym & Fitness Center
  • Hardware & Home Improvement Construction Company
  • (Bike/Boat/Book/etc) Store
  • Storage Facility

Location

1449 9th Mile Rd Pensacola, FL 32534-5382
Pensacola metro Census 3400 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.02M
Blend (final) Blend
$4.02M

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2022
Price N/A
2004
$590,000

Zoning & alternative use

HC/LI · Pensacola, FL
Top alternative use upside
Commercial (general) $5.8M +36.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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