Property profile

1570 W Fairfield Dr Pensacola, FL 32505

FOR SALE
Drive through restaurants
Property ID
US18-1061970
3,547 SF 0.94 ac lot Built 1985
Entity Owned 26-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This property is a former Hardee’s restaurant located on a corner lot in Pensacola, Florida. The site covers 1.106887 acres and includes a 4,684 square foot building, with a 3,480 square foot restaurant structure. The building is equipped with a drive-through lane and drive-through window, and the interior contains five hood systems (two fryers, grill, broiler, and baking equipment), along with a walk-in freezer and a walk-in cooler. The site provides ample parking and is accessed via two entrances, and the property is positioned on a lighted intersection with approximately 33,500 vehicles per day reported for the location.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,547 SF
Lot 0.94 ac (41,085 SF)
Zoning code HC/LI
APN 08-2S-30-1001-002-003
UPID US18-1061970

Cap rate & NOI

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

Location

1570 W Fairfield Dr Pensacola, FL 32505
Pensacola metro Census 1700 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$996k
Blend (final) Blend
$415k

Owner & transaction history

since 2000
1 recorded transaction
2000
$55,000

Zoning & alternative use

HC/LI · Pensacola, FL

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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