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Property profile & analytics
OFF-MARKET
Banks
33 Gdn St Pensacola, FL 32502-5615
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-4080467
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,122 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C-2A
APN
00-0S-00-9001-001-254
UPID
US18-4080467
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
-
Blu Salmon Interior Design Home Decor Store
-
Preston Lending: Rich Preston, Mortgage Broker Loan Service Bank
-
The First Bank Bank Loan Service
-
Panhandle Merchant Services & Point Of Sales Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Aerotek Employment Agency
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
One Palafox Place LLC · 11 yrs held
One Palafox Place LLC
since 2015
3 recorded transactions
Zoning & alternative use
C-2A · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed-use…
Zone name
Downtown Retail Commercial
General category
MIXED_USE
Zone area
190.50 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$28,541
Tax year 2023
Assessed value
$1,496,740
Assessed 2023
Previous assessed
$678,197
+120.7% YoY
Effective rate
1.91%
On assessed value
Land market value
$220,000
Improvement market value
$1,276,740
Total market value
$1,496,740
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
6,122 SF
Lot
0.23 ac (10,000 SF)
Zoning code
C-2A
APN
00-0S-00-9001-001-254
UPID
US18-4080467
Jurisdiction
ESCAMBIA
Zoning & alternative use
C-2A · Pensacola, FLZoning C-2A · permitted uses
C-2A · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed-use development.
Zone name
Downtown Retail Commercial
General category
MIXED_USE
Zone area
190.50 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
One Palafox Place LLC
Entity
Mailing address
3 W GDN ST STE #413, PENSACOLA, FL 32502-5633
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2019
—
One Palafox Place LLC
—
Trustees Deed
related
$1,000,000 · Regions Bk
Oct 3, 2017
—
One Palafox Place LLC
—
Grant Deed
related
$7,500,000 · Regions Bk
Apr 30, 2015
$7,500,000
One Palafox Place LLC
Durnford Ents Ltd
Grant Deed
$4,500,000 · Durnford Ents Ltd
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.
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