Property profile

2050 12th Ave Pensacola, FL 32503

OFF-MARKET
Community centers
Property ID
US19-0506755
5,648 SF 0.21 ac lot Built 1955
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,648 SF
Lot 0.21 ac (9,030 SF)
Zoning code C-1
APN 00-0S-00-9025-001-246
UPID US19-0506755

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Cafe & Coffee Shop

Location

2050 12th Ave Pensacola, FL 32503-5303
Pensacola metro Census 802 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$835k
CAP Approach CAP
$1.04M
Comparable Approach Comparable
by Request
Blend (final) Blend
$835k

Owner & transaction history

since 2024
Last sale
$832,500
4 recorded transactions
2024
$832,500
2007
$220,000
2005
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Pensacola, FL
Zoning description

The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial/high intensity commercial uses. Conventional resident…

General category MIXED_USE
Top alternative use upside
Commercial (general) $1.0M +17.9%

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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