New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Outlet malls
3195 9th Mile Rd, Pensacola, FL 32534-9442
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US18-1032411
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1970
Construction
STEEL FRAME
Total area
18,990 SF
Lot
8.73 ac (380,279 SF)
Zoning code
HC/LI
APN
11-1S-31-2203-000-000
UPID
US18-1032411
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
-
John Deere Big Box & Wholesale Store Agricultural Supply
-
Stihl General Contractor Hardware & Home Improvement
-
Beard Equipment Company Big Box & Wholesale Store Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.72M
Blend (final)
Blend
$2.73M
Owner & transaction history
Beard Holding INC · 25 yrs held
Beard Holding INC
since 2001
2 recorded transactions
Zoning & alternative use
HC/LI · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.0M
+82.3%
Neighborhood: shopping center
$2.9M
+33.4%
Auto repair, garage
$2.7M
+21.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,195,000
Current use
COMMERCIAL (GENERAL)
$4,005,000
Change: +82% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,930,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,670,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$2,585,000
Change: +18% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,255,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±10%
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
$143 / 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
$27,587
Tax year 2023
Assessed value
$1,773,823
Assessed 2023
Previous assessed
$1,612,567
+10.0% YoY
Effective rate
1.56%
On assessed value
Land market value
$1,107,837
Improvement market value
$1,078,090
Total market value
$2,185,927
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
YES
Stories
1
Bathrooms
2
Total area
18,990 SF
Lot
8.73 ac (380,279 SF)
Zoning code
HC/LI
APN
11-1S-31-2203-000-000
UPID
US18-1032411
Jurisdiction
ESCAMBIA
Zoning & alternative use
HC/LI · Pensacola, FL
Zoning HC/LI · permitted uses
HC/LI · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pensacola. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$4.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
YES
Stories
1
Bathrooms
2
Lot
8.73 ac
Current owner
From public records · entity-resolved
Beard Holding INC
Entity
Mailing address
2480 E 65TH SERVICE RD N, MOBILE, AL 36617-1507
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2001
$715,000
Beard Holding INC
Beard Equipment Co
Grant Deed
related
$598,000 · Whitney National Bank
—
—
Beard Holding INC
—
Deed Of Trust
related
$5,000,000 · Regions 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?”
You own 3195 9th Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
