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Property profile & analytics
OFF-MARKET
Banks

31 9th Mile Rd Pensacola, FL 32534-3136

4,458 SF 1.51 ac lot Built 1984
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US18-3615932
Property summary
AI-generated overview

This exceptional 4,386-square-foot retail showroom is ideally situated at the intersection of West Nine Mile Road and Highway 29, boasting a combined Average Annual Daily Traffic (AADT) of 77,000 vehicles. Built in 1983, this single-story building sits on a 1.3-acre lot and is zoned HC/LI. The property features a single tenancy and is offered in "AS IS" condition. The spacious layout is perfect for a variety of retail uses, providing ample room for display and customer interaction. Its prominent location ensures high visibility and accessibility for potential customers. The substantial daily traffic count on Highway 29 and West Nine Mile Road guarantees significant exposure to a large consumer base. This presents a unique opportunity for businesses seeking a well-positioned retail space with strong traffic flow in a highly visible location. The property's single-building structure simplifies operations and management. Serious inquiries are encouraged to explore the potential of this prime retail location. The total building square footage is 4,386 square feet. The cross streets are Highway 29 and Nine Mile Road.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1984
Construction TYPE NOT SPECIFIED
Total area 4,458 SF
Lot 1.51 ac (65,775 SF)
Zoning code HC/LI
APN 11-1S-30-1101-014-090
UPID US18-3615932
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
  • Bank of America ATM (Drive-thru) Atm
  • Bank of America (with Drive-thru ATM) Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Etm Propertiese LLC · 9 yrs held
Etm Propertiese LLC
since 2017
3 recorded transactions
2017
Price N/A
2016
Price N/A
2016
Price N/A
Zoning & alternative use
HC/LI · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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