Individually Owned Property summary
The property is a commercial real estate asset in Downtown Pensacola on the west side, currently configured as a 51,600-square-foot site that has been operated as a building supply use by a long-term tenant. It is structured as a net lease arrangement (NNN), with tenant responsibility for specified operating expenses and annual rent increases under the existing lease. The property includes a long-term occupancy history and also has potential for future redevelopment, with the site size supporting redevelopment concepts subject to applicable zoning and development approvals.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store Building Supply
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial or high intensity commercial uses. Conventional resid…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Pensacola, FLThe commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial or high intensity commercial uses. Conventional resid…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial or high intensity commercial uses. Conventional resid…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Pensacola, FL.
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