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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Showrooms
440 Heinberg St, Pensacola, FL 32502-4960
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US18-9430486
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1978
Construction
TYPE NOT SPECIFIED
Total area
11,011 SF
Lot
0.28 ac (12,179 SF)
Zoning code
C-3
APN
00-0S-00-9025-005-044
UPID
US18-9430486
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Krav Maga with Eddie Gym & Fitness Center
-
Krav Maga with Brooke Gym & Fitness Center
-
Max Home, LLC of Pensacola Renovation Specialist General Contractor
-
Legends Combat Gear (Bike/Boat/Book/etc) Store Gym & Fitness Center
-
Fit Fight Fearless Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$837k
Blend (final)
Blend
$835k
Owner & transaction history
K & B Realty Of Nw Florida LLC · 8 yrs held
K & B Realty Of Nw Florida LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-3 · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pensacola submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pensacola submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,335,000
Change: -11% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,305,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$835k
Range $752k – $919k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$76 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,386
Tax year 2023
Assessed value
$479,910
Assessed 2023
Previous assessed
$446,985
+7.4% YoY
Effective rate
1.75%
On assessed value
Land market value
$60,895
Improvement market value
$433,872
Total market value
$494,767
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1978
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Bathrooms
1
Total area
11,011 SF
Lot
0.28 ac (12,179 SF)
Zoning code
C-3
APN
00-0S-00-9025-005-044
UPID
US18-9430486
Jurisdiction
ESCAMBIA
Zoning & alternative use
C-3 · Pensacola, FL
Zoning C-3 · permitted uses
C-3 · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pensacola. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
K & B Realty Of Nw Florida LLC
Entity
Mailing address
2945 BAY ST, GULF BREEZE, FL 32563-3103
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2020
—
K & B Realty Of Nw Florida LLC
—
Deed
related
$382,500 · Servisfirst Bk
Sep 7, 2018
—
K & B Realty Of Nw Florida LLC
—
Deed
related
$500,000 · Servisfirst Bk
Jun 20, 2018
$500,000
K & B Realty Of Nw Florida LLC
Heroman,patrick S
Warranty Deed
—
Aug 26, 2016
—
Patrick S Heroman
—
Deed
related
$250,000 · Coastal Bk&tr
Oct 5, 2011
$357,500
Patrick S Heroman
Sjp Family LLC
Warranty Deed
—
Aug 18, 2008
$325,000
Sjp Family LLC
440 Heinberg INC
Warranty Deed
—
—
—
K & B Realty Of Nw Florida LLC
—
Deed Of Trust
related
$382,500 · Servisfirst Bk
—
—
Patrick S Heroman
—
Deed Of Trust
related
$250,000 · Coastal Bk&tr
—
—
K & B Realty Of Nw Florida LLC
—
Deed Of Trust
related
$500,000 · Servisfirst Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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