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Property profile & analytics
OFF-MARKET
Auto shops
2360 Michigan Ave Pensacola, FL 32526-2300
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-5331787
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1993
Construction
TYPE NOT SPECIFIED
Total area
4,025 SF
Lot
1.84 ac (80,150 SF)
Zoning code
COM,HC/LI
APN
43-1S-30-1101-006-001
UPID
US18-5331787
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
-
Car City Collision, LLC Auto Repair Shop
-
Voyage Sports LLC Car Dealership
-
West Florida Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Corey P Mccarragher · 5 yrs held
Corey P Mccarragher
since 2020
Last sale
$340,000
2 recorded transactions
Zoning & alternative use
COM,HC/LI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,693
Tax year 2023
Assessed value
$341,138
Assessed 2023
Previous assessed
$329,301
+3.6% YoY
Effective rate
1.38%
On assessed value
Land market value
$220,800
Improvement market value
$120,338
Total market value
$341,138
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1993
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
AC.FAN COOLING
Stories
1
Bathrooms
0
Total area
4,025 SF
Lot
1.84 ac (80,150 SF)
Zoning code
COM,HC/LI
APN
43-1S-30-1101-006-001
UPID
US18-5331787
Jurisdiction
ESCAMBIA
Zoning & alternative use
COM,HC/LI · Pensacola, FL
Zoning COM,HC/LI · permitted uses
COM,HC/LI · 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
1993
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
0
Lot
1.84 ac
Current owner
From public records · entity-resolved
Corey P Mccarragher
Individual
Mailing address
3014 OAK POINTE DR, PENSACOLA, FL 32505-1823
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2020
$340,000
Corey P Mccarragher
Robert Modin
Warranty Deed
$500,000 · Harvesters FCU
Aug 3, 2015
$360,000
Robert Modin
Mcgugin,carlos E & Prateep
Warranty Deed
$360,000 · Carlos E & Prateep Mcgugin
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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