Back to Search
Property profile & analytics
FOR SALE
Drive through restaurants
2670 Creighton Rd Pensacola, FL 32504
Entity Owned
~
Est. High Equity
Property ID
US18-0468120
For Sale
1 / 11
Contact for pricing
2670 Creighton Rd, Pensacola, FL 32504
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,103 SF
Lot
0.88 ac (38,287 SF)
Zoning code
C-1
APN
10-1S-29-2301-000-060
UPID
US18-0468120
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
-
Freddy's Frozen Custard & Steakburgers Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
Suits U Eureka LLC
Suits U Eureka LLC
since 2025
Last sale
$770,000
7 recorded transactions
Zoning & alternative use
C-1 · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed-use…
Zone name
Retail Commercial
General category
MIXED_USE
Zone area
837.56 ac
Source
Realmo
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
Method
Estimation
Statistic approach
$910,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $770k (Dec 4 2020)
Last sale anchor
$770k
Dec 4 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$263 / SF
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
$15,161
Tax year 2023
Assessed value
$898,736
Assessed 2023
Previous assessed
$859,929
+4.5% YoY
Effective rate
1.69%
On assessed value
Land market value
$459,444
Improvement market value
$439,292
Total market value
$898,736
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Sale
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
3,103 SF
Lot
0.88 ac (38,287 SF)
Zoning code
C-1
APN
10-1S-29-2301-000-060
UPID
US18-0468120
Jurisdiction
ESCAMBIA
Zoning & alternative use
C-1 · Pensacola, FLZoning C-1 · permitted uses
C-1 · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed-use development.
Zone name
Retail Commercial
General category
MIXED_USE
Zone area
837.56 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2004
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Suits U Eureka LLC
Entity
Mailing address
4TH WATSON RD FL #9109, SAINT LOUIS, MO 63126
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2025
$315,000
Suits U Eureka LLC
William Appelbaum
Quitclaim Deed
related
—
Dec 2, 2025
$90,000
Suits U Eureka LLC
Robert Kyle Lenzen Revocable Trust
Quitclaim Deed
related
—
Dec 1, 2025
—
William Appelbaum
Ipx 2670 Creighton LLC
Quitclaim Deed
related
—
Dec 4, 2020
$770,000
Ipx 2670 Creighton LLC
Carlsson Restaurant Group LLC
Special Warranty Deed
$1,697,000 · Royal Banks Of Missouri
Sep 26, 2016
—
Carlsson Restaurant Group LLC
—
Deed
related
$971,000 · United Community Bank
Jul 6, 2016
$785,000
Carlsson Restaurant Group LLC
S&h Car Wash INC
Warranty Deed
$589,000 · United Community Bank
Sep 23, 2015
$639,000
S & H Car Wash INC
Townhomes Of Violets Farm LLC
Warranty Deed
—
May 6, 2005
$1,940,000
Townhomes Of Violets Farm LLC
Pensacola Byb LLC
Grant Deed
$426,326 · Marquette Bank
Nov 30, 2004
$535,000
Pensacola Byb LLC
Wal-mart Stores East INC
Grant Deed
$1,150,000 · Hancock Bank
—
—
Townhomes Of Violets Farm LLC
—
Deed Of Trust
related
$814,216 · Marquette Bank
—
—
Townhomes Of Violets Farm LLC
—
Deed Of Trust
related
$1,011,421 · Marquette Bank
—
—
Townhomes Of Violets Farm LLC
—
Deed Of Trust
related
—
—
—
Townhomes Of Violets Farm LLC
—
Deed Of Trust
related
$420,000 · First Midwest Bank
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.
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
