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Property profile

2023 Dr Martin Luther King Jr Dr Pensacola, FL 32503

OFF-MARKET
Retail space
Property ID
US18-4670791
1,860 SF 0.17 ac lot Built 1946
Last sale Sep 2026 · $290,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space totaling approximately 1,860 square feet, located in Pensacola, Florida on Dr. Martin Luther King Jr Dr at the intersection of Dr. Martin Luther King Dr, E Jordan St, and N Haynes St. It features a flexible interior layout designed to support a range of retail and service uses, with large storefront windows providing natural light and street visibility. The space includes modern electrical and plumbing systems. Access and circulation are supported by curb cuts and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$68k
Effective rate2.01%

Value estimate

· Oct 2026
$60k
$54k – $66k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$118/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$67 – $173
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R-NC
The residential/neighborhood commercial land use district is established for the purpose of providing for a mixture of residential housin...
General categoryCOMMERCIAL
JurisdictionESCAMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.4
Parking Facility12.6
Electrical Service11.7

Location

2023 Dr Martin Luther King Jr Dr Pensacola, FL 32503-4548
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2601 12th, Pensacola, FL 32503-4605 $975,000 Jul 2025 1,740 SF
4730 Davis, Pensacola, FL 32503-2339 $275,000 Aug 2024 1,950 SF
405 Gonzalez, Pensacola, FL 32503-5903 $225,000 Nov 2023 1,503 SF
5930 Palafox, Pensacola, FL 32503-7616 $150,000 Jun 2023 1,618 SF
3004 9th, Pensacola, FL 32503-8500 $220,000 May 2023 1,768 SF
3934 Davis, Pensacola, FL 32503-2746 $83,500 Apr 2023 1,433 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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