Technical
Financial
Distress signals
Property profile

2838 12th Ave Pensacola, FL 32503

OFF-MARKET
Retail space
Property ID
US18-1021964
3,182 SF 0.32 ac lot Built 2017
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2017
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,182 SF
Lot 0.32 ac (13,750 SF)
Zoning code C-1
APN 00-0S-00-9025-001-350
UPID US18-1021964

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
  • Gas Station
  • Gas Station

Location

2838 12th Ave Pensacola, FL 32503-4002
Pensacola metro Census 802 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
$551k
Blend (final) Blend
$295k

Owner & transaction history

since 2016
3 recorded transactions
2017
Price N/A
2016
$325,000
2011
Price N/A

Zoning & alternative use

C-1 · 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/high intensity commercial uses. Conventional resident…

General category MIXED_USE
Top alternative use upside
Commercial (general) $580,000 +54.5%
Neighborhood: shopping center $490,000 +31.0%
Auto repair, garage $450,000 +19.5%

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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