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Property profile & analytics
OFF-MARKET
Showrooms
3500 Palafox St, Pensacola, FL 32505-5233
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5442426
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1994
Construction
TYPE NOT SPECIFIED
Total area
5,636 SF
Lot
2.51 ac (109,545 SF)
Zoning code
HC/LI
APN
05-2S-30-1001-005-001
UPID
US18-5442426
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
-
Jones Flooring Center Carpet & Flooring Store Hardware & Home Improvement
-
Jones Carpet and Tile Carpet & Flooring Store Hardware & Home Improvement
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
Palafox Street Properties LLC · 1 yrs held
Palafox Street Properties LLC
since 2024
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
HC/LI · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$27,640
Tax year 2023
Assessed value
$1,859,077
Assessed 2023
Previous assessed
$1,757,712
+5.8% YoY
Effective rate
1.49%
On assessed value
Land market value
$256,335
Improvement market value
$1,703,069
Total market value
$1,959,404
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1994
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
NONE
Buildings
6
Stories
1
Units
2
Bathrooms
6
Total area
5,636 SF
Lot
2.51 ac (109,545 SF)
Zoning code
HC/LI
APN
05-2S-30-1001-005-001
UPID
US18-5442426
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.
Building & site characteristics
From public records
Year built
1994
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Buildings
6
Units
2
Bathrooms
6
Lot
2.51 ac
Current owner
From public records · entity-resolved
Palafox Street Properties LLC
Entity
Mailing address
511 WYNNEHURST ST, PENSACOLA, FL 32503-2311
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2024
$2,650,000
Palafox Street Properties LLC
Dki Building LLC
Warranty Deed
—
Jan 8, 2018
—
Dki Building LLC
—
Grant Deed
related
$1,520,000 · Servisfirst Bk
Sep 21, 2017
$1,200,000
Dki Building LLC
Gccb Ore Holdings LLC
Grant Deed
—
Jan 10, 2017
—
Gccb Ore Holdings LLC
First NA
Quit Claim Deed
related
—
Nov 8, 2010
$5,100
Gulf Coast Cmnty Bk
Discovery Invs Coc
Trustees Deed
related
—
Jan 19, 2005
$2,100,000
Discovery Investments LLC
Jones Carpet Mart INC
Warranty Deed
$1,575,000 · Compass Bank
Jan 1, 2005
$2,100,000
Owner Name Unavailable
Owner Name Unavailable
Warranty Deed
related
$1,575,000 · Compass Bank
—
—
Discovery Investments LLC
—
Deed Of Trust
related
$1,919,500 · Gulf Coast Community Bank
—
—
Jones Carpet Mart INC
—
Deed Of Trust
related
$900,000 · Compass Bank
—
—
Discovery Investments LLC
—
Deed Of Trust
related
$1,919,500 · Bank Of Bonifay
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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