240 New Warrington Rd Pensacola, FL 32506-5870
This exceptional investment opportunity presents a thriving Asian supermarket in Pensacola, Florida. Located at 240 N New Warrington Rd, this single-story, 5,160 square foot building sits on a 0.76-acre lot (including a 0.24-acre parcel behind the main building). The property boasts a Class B rating and features a newly renovated interior completed in 2023, including a new roof, electrical service, AC units, flooring, lighting, and state-of-the-art equipment such as display freezers, refrigerators, and shelving. The building is 100% occupied, with an occupancy date of June 1st, 2024. The asking price is $699,000, representing a price per square foot of $135.47. Ample parking is available with 20 spaces. The property is zoned COM and includes a rear storage container and a newly renovated modular living unit with two bedrooms, a full bathroom, and a kitchen. This turnkey operation benefits from a high traffic count on New Warrington Road (30,000+ AADT) and offers significant upside potential due to its recent opening and daily growth. The sale includes both the real estate and fixtures, furniture, and equipment (FF&E). The property's APN is 342S301270000006. This is a rare opportunity to acquire a profitable, fully renovated commercial property in a high-traffic location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COM · Pensacola, FLPensacola. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.