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    OFF-MARKET Estimated value $4,020,000
    Community centers

    1449 9th Mile Rd, Pensacola, FL 32534-5382

    27,465 SF 3.8 ac lot Built 2022
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US18-5945102
    Property summary
    AI-generated overview

    This exceptional Class A retail property, located at 1449 W 9 Mile Rd in Pensacola, FL 32534, offers two remaining 1,425 square foot spaces for lease. The property is a single-story, 27,075 square foot strip center built in 2021, featuring a total of 18 suites. Each available space provides ample opportunity for a variety of retail businesses. The property boasts 178 parking spaces, ensuring convenient access for customers. The zoning is HC-LI, and the property sits on a 2.73-acre lot (APN: 12-1S-31-1100-012-001). This location benefits from its high traffic area and proximity to new medical offices and multi-family developments, creating a thriving commercial environment. One available space previously housed a restaurant, and the existing hood system remains. The other space has been finished out, but may not suit all needs. Landlord will not lease to competitors of existing tenants. Don't miss this opportunity to secure your space in this vibrant Pensacola retail center.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mrs. Jones Cold Brew Coffee Cafe & Coffee Shop
    • 9Round Kickboxing Fitness Gym & Fitness Center
    • Apex Foundation Specialists - Northwest Florida Hardware & Home Improvement Construction Company
    • The Idle Reader Bookstore (Bike/Boat/Book/etc) Store
    • Record Nations Storage Facility
    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
    West Nine Mile Town Center LLC · 2 yrs held
    West Nine Mile Town Center LLC
    since 2023
    3 recorded transactions
    2023
    2022
    2004
    $590,000
    Zoning & alternative use
    HC/LI · Pensacola, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $5.8M +36.7%
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