3960 W Navy Blvd Pensacola, AL 32507
Property profile & analytics
3960 W Navy Blvd Pensacola, AL 32507
- Community centers
- 9,920 SF
- 5.14 lot acres
Property ID
US18-4697630
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Techflix Solutions / (Bike/Boat/Book/etc) Store / Corporate Office
- Armed Forces Automotive / Auto Repair Shop / Vehicle Inspection Center
- Salt Life Fitness / Gym & Fitness Center
- Insight Pest Solutions / Garden Center
- Vaping the coast llc / (Bike/Boat/Book/etc) Store / Alternative Medicine Practice
Property Details for 3960 W Navy Blvd
- Year built
- 1984
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 5.14 lot acres
- Property size
- 9,920 SF
- Zone code
- COM
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 38-2S-30-1000-010-006
- APU
- 382S301000010006
Description
Invest in Navy Park Plaza, a thriving 61,240-square-foot mixed-use center in Pensacola's rapidly growing West side. This fully developed, single-story property boasts a diverse tenant mix of established local and national businesses, ensuring strong occupancy and rental income. Located on Navy Boulevard and Chiefs Way, the property benefits from high visibility and traffic counts exceeding 23,500 cars per day (2023 data). Recent, extensive renovations (2023) include interior and exterior updates, fresh paint, a resurfaced parking lot, and updated landscaping, creating a modern and attractive environment for tenants and customers. The 5.13-acre site features 200 parking spaces, six drive-ins, and 782 feet of frontage, providing ample access and convenience. Available spaces include turn-key offices, white-boxed inline units, and expansive open-concept suites, catering to a variety of business needs. The property's zoning (COM) allows for flexibility and future expansion opportunities. The 17-foot ceiling height in the warehouse space adds to its versatility. This professionally managed property offers a compelling investment opportunity in a high-growth area with established commercial infrastructure and a strong tenant base. The property's location on a major travel corridor to the downtown business and retail core ensures continued high traffic and visibility. Updated pylon and building signage enhances the property's presence and appeal. The property's APN is 382S301000010006. Currently, 10,110 square feet of space is vacant.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,985,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,975,000
- 6.5%
- $1,825,000
- 7%
- $1,695,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,318,000
- AI Estimate
- $2,318,000
Market price range: $698k - $2.32MMarket price range: $698k - $2.32M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $3,100,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.273
- Latitude
- 30.4085
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,652
$0.00
$0.00
$2,067,440
-
$344,579
$1,722,861
$2,067,440
