Property profile

3620 Barrancas Ave Pensacola, FL 32507

FOR LEASE
Community centers
Property ID
US18-1440163
8,220 SF 1.78 ac lot Built 1952
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Retail suite 3642 is located on Barrancas Avenue in Pensacola, Florida (Escambia County, 32507), within an approximately 8,220+ square foot multi-tenant strip center. The suite provides 1,560 square feet and is configured as an end-unit with a showroom area, two private offices, and a restroom, along with painted walls and LVP flooring. Storefront windows provide natural light to the interior. The building has ample parking in front of and along the sides, and includes a fully fenced rear area that can support uses such as storage, parking, or potential separate leasing. The retail space is arranged to function under a triple-net (NNN) structure, with a lease term typically in the 3–4 year range.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1952
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,220 SF
Lot 1.78 ac (77,694 SF)
Zoning code COM
APN 50-2S-30-5010-080-016
UPID US18-1440163

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tattoo & Piercing Shop
  • Tech Support Center

Location

3620 Barrancas Ave Pensacola, FL 32507
Pensacola metro Census 2200 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$578k
Blend (final) Blend
$905k

Owner & transaction history

since 2022
Last sale
$1.0M
2 recorded transactions
2022
$1.0M
2006
$73,900

Zoning & alternative use

COM · Pensacola, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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