Property summary
This 9,220 square foot shopping center presents a compelling redevelopment opportunity in Pensacola, Florida. Located on a 0.69-acre lot at 4036 W Fairfield Dr, 32505, this multi-tenant property is situated in a high-traffic area, right off Mobile Highway, near New Warrington Road and W Fairfield Drive. Currently operating at 50% occupancy, the center is zoned COM and offers significant potential for value enhancement. The asking price is $1,000,000, translating to $108.46 per square foot. The property is offered as a Net Lease (NNN) investment, requiring the tenant to cover property taxes, insurance, and maintenance. The existing structure requires roof repair and other improvements, presenting a chance for significant return on investment for a buyer willing to undertake renovations. This is an exceptional opportunity for investors seeking a high-growth potential project in a desirable Pensacola location. The property's strategic placement within one of Pensacola's busiest commercial centers ensures strong visibility and accessibility, making it an ideal candidate for redevelopment and repositioning within the market. This is a rare chance to acquire a substantial retail asset with significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
-
Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
COM · Pensacola, FLZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for COM in Pensacola, FL.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.