Entity Owned Property summary
AI-generated overview
This exceptional 10,168-square-foot warehouse, situated on a 1.07-acre corner lot at 3885 N. Palafox St. in Pensacola, Florida, presents a compelling investment opportunity. The property, built in 1988 and extensively renovated in 2023, boasts a Class B designation and is currently vacant. The single-story building features approximately 4,140 square feet of office space and 6,028 square feet of warehouse space. Ceiling heights vary, with 16 feet in the southern half and 10 feet in the northern half. The property benefits from a fenced yard and a highly desirable location, situated between Fairfield and Pace Boulevards on Palafox Street (Highway 29). The sale includes two parcels, identified by APN numbers 05-2S-30-1001-004-023 and 08-2S-30-4004-000-001. The property is zoned HC-LI. The asking price is $985,000, translating to $96.87 per square foot. While previously leased, the property is now available for immediate occupancy. This prime location offers excellent accessibility and visibility, making it ideal for a variety of industrial uses. The property's recent renovation ensures modern functionality and efficiency.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
14,941 SF
Lot
0.79 ac (34,412 SF)
Zoning code
HC/LI
APN
05-2S-30-1001-004-023
UPID
US18-4777375
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
-
General Contractor Construction Company
-
Roofing Company General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$470k
Owner & transaction history
since 2021
Last sale
$580,000
4 recorded transactions
Zoning & alternative use
HC/LI · Pensacola, FL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$470k
Value range
$423k – $517k
±10% around blend
Estimated value / SF
$31 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$423k
blend $470k
$517k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,941 SF
Lot area
0.79 ac
Year built
1986
Stories
1
APN
05-2S-30-1001-004-023
Zoning
HC/LI
Assessed value
$412,672
Annual tax
$6,009
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.16M
Range $563k – $3.28M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$470k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 32 sales
$119
-73%
County 33 sales
$85
-63%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $31/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$580k
Move the market yield to see immediate price impact.
Value / SF
$39
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$37k
$731k
$522k
$406k
$41k
$812k
$580k
$451k
$45k
$893k
$638k
$496k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,009
Tax year 2023
Assessed value
$412,672
Assessed 2023
Previous assessed
$375,691
+9.8% YoY
Effective rate
1.46%
On assessed value
Land market value
$50,999
Improvement market value
$361,673
Total market value
$412,672
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
14,941 SF
Lot
0.79 ac (34,412 SF)
Zoning code
HC/LI
APN
05-2S-30-1001-004-023
UPID
US18-4777375
Jurisdiction
ESCAMBIA
Zoning & alternative use
HC/LI · Pensacola, FLZoning HC/LI · permitted uses
HC/LI · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.79 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
HC/LI
Jurisdiction
Pensacola, FL
Recorded code
HC/LI
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HC/LI in Pensacola, FL.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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