Entity Owned Property summary
AI-generated overview
The property is a 1,260-square-foot retail unit located on Cervantes Street in East Pensacola Heights, with access toward Scenic Highway, in Escambia County, Florida 32503. The space is configured with a mostly open floor plan and 12-foot ceilings, includes a single restroom, and has concrete floors. The building’s retail configuration supports a range of neighborhood commercial uses such as retail shops and personal services, and the unit is designed for leasing under a net (NNN) structure with a multi-year term.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2006
Construction
TYPE NOT SPECIFIED
Total area
6,174 SF
Lot
0.52 ac (22,500 SF)
Zoning code
R-NC
APN
05-2S-29-5905-018-013
UPID
US18-2750630
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
-
Gym & Fitness Center
-
Spa & Massage Center
-
Grocery & Convenience Store Specialty Food Shop
-
Physician
-
Hair Salon Nail Salon
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$880k
Owner & transaction history
since 2022
Last sale
$995,000
1 recorded transaction
Zoning & alternative use
R-NC · Pensacola, FL
Zoning description
The residential/neighborhood commercial land use district is established for the purpose of providing for a mixture of residential housing types and densities, professional uses and certain types of neighborhood convenie…
General category
COMMERCIAL
Top alternative use upside
Commercial (general)
$1.1M
+17.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$880k
Value range
$792k – $968k
±10% around blend
Estimated value / SF
$143 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$792k
blend $880k
$968k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,174 SF
Lot area
0.52 ac
Year built
2006
Stories
1
APN
05-2S-29-5905-018-013
Zoning
R-NC
Assessed value
$665,073
Annual tax
$11,602
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.14M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.23M
@ 6.5% CAP return
$1.14M
@ 7% CAP return
$1.06M
4
Sales comparison
Partial preview
Sales approach indication
$1.07M
Range $434k – $1.44M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$880k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 30 sales
$154
-8%
County 31 sales
$151
-6%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $143/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+18%
vs current-use indication
Neighborhood: Shopping Center · current use
Auto Repair, Garage
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
8.40%
Implied, in-place cap rate for this community centers
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 8.40%
9.0%
NOI (est.)
$70k *
Last sale · May 2022
$995k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$829k
Move the market yield to see immediate price impact.
Value / SF
$134
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.90%8.40%8.90%
$63k
$793k
$746k
$704k
$70k
$882k
$829k
$783k
$77k
$970k
$912k
$861k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$11,602
Tax year 2023
Assessed value
$665,073
Assessed 2023
Previous assessed
$567,590
+17.2% YoY
Effective rate
1.74%
On assessed value
Land market value
$225,000
Improvement market value
$440,073
Total market value
$665,073
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
4
Total area
6,174 SF
Lot
0.52 ac (22,500 SF)
Zoning code
R-NC
APN
05-2S-29-5905-018-013
UPID
US18-2750630
Jurisdiction
ESCAMBIA
Zoning & alternative use
R-NC · Pensacola, FLZoning R-NC · permitted uses
R-NC · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The residential/neighborhood commercial land use district is established for the purpose of providing for a mixture of residential housing types and densities, professional uses and certain types of neighborhood convenie…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
4
Lot
0.52 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
R-NC
COMMERCIAL
Jurisdiction
Pensacola, FL
Recorded code
R-NC
Official district
R-NC
Official district profile
What the municipal code says about R-NC
Zoning description
The residential/neighborhood commercial land use district is established for the purpose of providing for a mixture of residential housing types and densities, professional uses and certain types of neighborhood convenie…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-NC in Pensacola, FL.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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