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Property profile & analytics
OFF-MARKET
Estimated value
$48,985,000
Industrial properties
3395 Addison Dr Pensacola, FL 32514-7066
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4904507
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1985
Construction
STEEL FRAME
Total area
515,015 SF
Lot
27.78 ac (1,210,097 SF)
Zoning code
HC/LI
APN
03-1S-29-1002-000-002
UPID
US18-4904507
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
-
Wayne Dalton Corporation Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$48.99M
Blend (final)
Blend
$48.99M
Owner & transaction history
Wdc Florida Realty Co I LLC · 17 yrs held
Wdc Florida Realty Co I LLC
since 2009
1 recorded transaction
Zoning & alternative use
HC/LI · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$79.4M
+30.0%
Auto repair, garage
$72.4M
+18.5%
Office building
$70.7M
+15.7%
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
INDUSTRIAL (GENERAL)
$61,120,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$79,430,000
Change: +30% · Conversion: Difficult
AUTO REPAIR, GARAGE
$72,430,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$70,705,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$62,430,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$48.99M
Range $44.09M – $53.88M · ±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
$95 / 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
$266,972
Tax year 2023
Assessed value
$17,488,865
Assessed 2023
Previous assessed
$16,185,126
+8.1% YoY
Effective rate
1.53%
On assessed value
Land market value
$395,865
Improvement market value
$18,604,791
Total market value
$19,000,656
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
YES
Stories
1
Bathrooms
4
Total area
515,015 SF
Lot
27.78 ac (1,210,097 SF)
Zoning code
HC/LI
APN
03-1S-29-1002-000-002
UPID
US18-4904507
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
INDUSTRIAL (GENERAL) Current
Est. value
$61.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$79.4M
AUTO REPAIR, GARAGE
Est. value
$72.4M
OFFICE BUILDING
Est. value
$70.7M
RETAIL STORES
Est. value
$62.4M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1985
Construction
STEEL FRAME
Heating
YES
Stories
1
Bathrooms
4
Lot
27.78 ac
Current owner
From public records · entity-resolved
Wdc Florida Realty Co I LLC
Entity
Free & Clear · 17 yrs held
Mailing address
2501 S STATE HWY 121ST BUS STE #200, LEWISVILLE, TX 75067-4186
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2009
—
Wdc Florida Realty Co I LLC
Wayne-dalton Corp
Quit Claim Deed
related
—
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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