Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

3507 Pace Blvd Pensacola, FL 32505

FOR SALE
Turn key restaurants
Property ID
US18-0202469
3,139 SF 0.89 ac lot Built 1966
Last sale Nov 2023 · $355,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This restaurant/commercial building is situated on a 0.89-acre lot along W Fairfield Drive, a roadway known for high daily traffic counts. The site includes a large parking area with over 20 spaces and additional land that could accommodate expansion. The building, constructed in 1966, contains 4,028 square feet and is equipped with a drive-thru window, a fully equipped commercial kitchen, a walk-in freezer, and a functional HVAC system. The configuration supports restaurant use and related food service concepts, including coffee shop operations or similar businesses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$235k
Effective rate1.51%

Value estimate

· Oct 2026
$380k
$342k – $418k
NOI build-up
Gross scheduled income$54k
Vacancy & credit loss−$6k
Operating expenses−$14k
NOI · 4.92% cap applied$34k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$313/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$122 – $482
Qualifying comparables3

Cap rate analysis

How does the asset earn?
4.92%
$34k 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?
HC/LI
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 agency22.1
Pharmacy12.5
Parking Facility11.5

Location

3507 Pace Blvd Pensacola, FL 32505
County assessor Recorded deeds · 3 transfers 3 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
1201 T, Pensacola, FL 32505-6749 $68,000 Dec 2025 3,660 SF
3109 Pace, Pensacola, FL 32505-5139 $1,050,000 Jul 2025 3,575 SF
2815 Brainerd, Pensacola, FL 32505 $658,425 Jun 2025 2,464 SF
3906 Fairfield, Pensacola, FL 32505-4731 $80,000 May 2025 3,572 SF
808 Beverly, Pensacola, FL 32505-2407 $420,000 Mar 2025 3,750 SF
1011 P, Pensacola, FL 32505-6837 $90,000 May 2024 3,375 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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again