Property profile

3811 W Nine Mile Rd Pensacola, FL 32526

FOR SALE
Gas stations
Property ID
US18-0392198
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Property summary

AI-generated overview

The proposed commercial development at 3811 W 9 Mile Rd, Pensacola, Florida 32526 includes a 3.5-acre site with frontage along a high-traffic thoroughfare (over 31,000 average daily vehicles based on 2022 data) and is located less than a mile from the Navy Federal campus and the I-10 corridor. The project is planned as a multi-use development totaling 17,183 square feet, consisting of a 10,613-square-foot MKU Montessori daycare, a 6,570-square-foot UPOP convenience store, and a 12-pump Shell gas station. The site is positioned near Fusion Fine Wine & Liquors and multiple residential complexes, including The 52 Apartments and Evolve Apartments, and is also in proximity to Sacred Heart Hospital, Baptist Hospital, and Pensacola International Airport. The development is described as including 318 units, and the provided materials indicate renderings prior to completion.

Property profile

Verified
Property type Gas stations
UPID US18-0392198

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
  • Apartment Complex

Location

3811 W Nine Mile Rd Pensacola, FL 32526
Pensacola metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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