Financial
Distress signals
Property profile

2370 N Palafox St Pensacola, FL 32501

FOR LEASE
Showrooms
Property ID
US18-3086359
3,034 SF 2.18 ac lot Built 1945
Last sale Nov 2022 · $1,575,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A 25,349-square-foot warehouse facility in Pensacola, Florida, featuring eave heights of approximately 18 feet and 15 feet. The unit is accessed by three roll-up doors: one 14' x 14' grade-level door, one 9' x 14' door served by a dock well, and one 17' x 14' grade-level door. Interior amenities include two offices and a restroom. The building has undergone recent exterior and systems improvements, including a roof replacement or roof coatings, fresh exterior paint, energy-efficient LED

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$1.00M
Effective rate1.87%

Value estimate

· Sep 2026
$1.39M
$1.25M – $1.53M
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$8k
Operating expenses−$20k
NOI · 836.06% cap applied$46k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$137/SF
Submarket average, outlier-cleaned · 191 recorded sales of this use type
Observed band · Q1–Q3$55 – $257
Qualifying comparables3

Cap rate analysis

How does the asset earn?
836.06%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-3
The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shoppin...
General categoryMIXED_USE
JurisdictionESCAMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.4
Dental Office18.4
Restaurant16.3

Location

2370 N Palafox St Pensacola, FL 32501
County assessor Recorded deeds · 3 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1200 9th, Pensacola, FL 32501-3238 $565,000 Apr 2025 2,800 SF
520 Spg, Pensacola, FL 32501-3928 $479,500 Jan 2025 4,468 SF
824 Belmont, Pensacola, FL 32501-4912 $520,000 Apr 2023 2,191 SF
1401 Cervantes, Pensacola, FL 32501-2841 $185,000 Dec 2022 3,230 SF
823 Jackson, Pensacola, FL 32501-4009 $439,500 Jul 2022 2,366 SF
2499 Palafox, Pensacola, FL 32501-1420 $415,000 Jul 2022 3,533 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message