Financial
Distress signals
Property profile

3101 West Michigan Ave Commercial Suites Pensacola, FL 32526

FOR LEASE
Office buildings
Property ID
US18-1443692
6,068 SF 0.46 ac lot Built 1971
Last sale Jan 2006
Trust Owned Owner of record is a trust. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 1,500-square-foot office suite is located in Pensacola, Florida, in a high-traffic area approximately two blocks from Mobile Highway. The space was recently remodeled and includes four private offices, a combined conference room and kitchen area, a large open work area that can function as a fifth office, and two bathrooms. The suite provides parking for both employees and visitors and is configured for general office use. The suite is offered under a gross-lease structure with a preferred term length of one to two years (with occupancy readiness for business use).

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$379k
Effective rate1.41%

Value estimate

· Sep 2026
$415k
$374k – $457k
Submarket $/SF estimate$515k
NOI build-up
Gross scheduled income$14k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 706.42% cap applied$8k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$136/SF
Submarket average, outlier-cleaned · 294 recorded sales of this use type
Observed band · Q1–Q3$85 – $196
Qualifying comparables8

Cap rate analysis

How does the asset earn?
706.42%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HDMU
JurisdictionESCAMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.6
Law Firm21.0
Dental Office18.4

Location

3101 West Michigan Ave, Unit Commercial Suites Pensacola, FL 32526
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5250 Mobile, Pensacola, FL 32526-2146 $290,000 Aug 2022 2,520 SF
7840 Pne Frst, Pensacola, FL 32526-8703 $308,000 Dec 2021 2,039 SF
7824 Pne Frst, Pensacola, FL 32526 $9,880,000 Oct 2021 5,309 SF
7004 Pne Frst, Pensacola, FL 32526-3936 $675,000 Aug 2020 7,503 SF
5476 Mobile, Pensacola, FL 32526-2104 $2,925,000 May 2020 6,970 SF
7458 Pne Frst, Pensacola, FL 32526-8818 $35,500 Jan 2019 6,656 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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