Property profile

451 Cervantes St Pensacola, FL 32501

OFF-MARKET
Showrooms
Property ID
US18-4187876
73,152 SF 1.6 ac lot Built 2008
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2008
Construction TYPE NOT SPECIFIED
Total area 73,152 SF
Lot 1.6 ac (69,696 SF)
Zoning code C-3
APN 00-0S-00-9020-131-027
UPID US18-4187876

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
  • Storage Facility

Location

451 Cervantes St Pensacola, FL 32501-3203
Pensacola metro Census 600 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.92M
Blend (final) Blend
$9.92M

Owner & transaction history

since 2015
6 recorded transactions
2015
$1.5M
2007
$1.3M
2005
$500,000
2005
$500,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Pensacola, FL
Zoning description

The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial or high intensity commercial uses. Conventional resid…

General category MIXED_USE
Top alternative use upside
Neighborhood: shopping center $11.3M +12.8%
Auto repair, garage $10.3M +2.9%
Office building $10.1M +0.6%

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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