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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Flex space
1625 Palafox St Pensacola, FL 32501-2136
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-3466412
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1932
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,467 SF
Lot
2.15 ac (93,558 SF)
Zoning code
C-3,R-1AAA
APN
00-0S-00-9010-002-096
UPID
US18-3466412
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
-
Old Coca Cola Plant Tour Operator
-
Illumadyne, Inc. Industrial Manufacturer
-
Industrial Energy Services, Inc. Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
Industrial Energy Services INC · 5 yrs held
Industrial Energy Services INC
since 2020
Last sale
$750,000
6 recorded transactions
Zoning & alternative use
C-3,R-1AAA · 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
Method
Estimation
Statistic approach
$885,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±10% · vs last sale $750k (Jul 23 2020)
Last sale anchor
$750k
Jul 23 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$48 / SF
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
$33,632
Tax year 2023
Assessed value
$1,813,088
Assessed 2023
Previous assessed
$533,953
+239.6% YoY
Effective rate
1.85%
On assessed value
Land market value
$199,980
Improvement market value
$1,818,995
Total market value
$2,018,975
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1932
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Buildings
3
Stories
3
Bathrooms
4
Total area
22,467 SF
Lot
2.15 ac (93,558 SF)
Zoning code
C-3,R-1AAA
APN
00-0S-00-9010-002-096
UPID
US18-3466412
Jurisdiction
ESCAMBIA
Zoning & alternative use
C-3,R-1AAA · Pensacola, FL
Zoning C-3,R-1AAA · permitted uses
C-3,R-1AAA · 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
Year built
1932
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
3
Buildings
3
Bathrooms
4
Lot
2.15 ac
Current owner
From public records · entity-resolved
Industrial Energy Services INC
Entity
Mailing address
1625 N PALAFOX ST, PENSACOLA, FL 32501-2136
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2022
—
Industrial Energy Services INC
—
Deed
related
$1,000,000 · Beach Bank
Jul 23, 2020
$750,000
Industrial Energy Services INC
Nathan Lee Head Of Escambia LLC
Warranty Deed
$600,000 · Beach Community Bank
Sep 25, 2013
$471,300
Nathan Lee Head Of Escambia LLC
Kapur,sanjiv
Warranty Deed
$1,500,000 · Coastal Bank & Trust
—
—
Nathan Lee Head Of Escambia LLC
—
Deed Of Trust
related
$500,000 · Coastal Bk&tr
—
—
Sunbelt Indl Supply Co INC
—
Deed Of Trust
related
$807,500 · Omni Bank
—
—
Sunbelt Industrual Supply Co
—
Deed Of Trust
related
$450,000 · Whitney National Bank
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.
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