Property profile

2416 Cervantes St Pensacola, FL 32505

OFF-MARKET
Turn key restaurants
Property ID
US18-5486526
2,530 SF 0.27 ac lot Built 1974
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,530 SF
Lot 0.27 ac (11,713 SF)
Zoning code C-3
APN 00-0S-00-9060-013-183
UPID US18-5486526

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
  • Take-out & Catering
  • Atm

Location

2416 Cervantes St Pensacola, FL 32505-7151
Pensacola metro Census 1900 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2012
4 recorded transactions
2016
Price N/A
2012
Price N/A
2012
$185,000
1969
Price N/A

Zoning & alternative use

C-3 · 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 or high intensity commercial uses. Conventional resid…

General category MIXED_USE

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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