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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Auto shops
453 Van Pelt Ln Pensacola, FL 32505-2531
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US19-0901263
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1986
Construction
TYPE NOT SPECIFIED
Total area
10,184 SF
Lot
0.77 ac (33,541 SF)
Zoning code
HC/LI
APN
45-1S-30-3000-000-003
UPID
US19-0901263
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
-
NCM Sustainability Organization Volunteer Organization
-
AutoWay Motors Interior Design Auto Repair Shop
-
First Class Paint and Body Auto Repair Shop
-
MARCOR Environmental LP Sustainability Organization Volunteer Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$705k
Blend (final)
Blend
$720k
Owner & transaction history
Ricky D Armstrong · 1 yrs held
Ricky D Armstrong
since 2024
Last sale
$720,000
5 recorded transactions
Zoning & alternative use
HC/LI · 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
$720,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $720k (Oct 1 2024)
Last sale anchor
$720k
Oct 1 2024
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
$71 / 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
$6,174
Tax year 2023
Assessed value
$435,692
Assessed 2023
Previous assessed
$435,692
+0.0% YoY
Effective rate
1.42%
On assessed value
Land market value
$100,623
Improvement market value
$335,069
Total market value
$435,692
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
NONE
Stories
2
Bathrooms
1
Total area
10,184 SF
Lot
0.77 ac (33,541 SF)
Zoning code
HC/LI
APN
45-1S-30-3000-000-003
UPID
US19-0901263
Jurisdiction
ESCAMBIA
Zoning & alternative use
HC/LI · Pensacola, FL
Zoning HC/LI · permitted uses
HC/LI · 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.
Building & site characteristics
From public records
Year built
1986
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Ricky D Armstrong
Individual
Free & Clear · 1 yrs held
Mailing address
1649 SUNNY RDG LN, CANTONMENT, FL 32533-6899
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2024
$720,000
Ricky D Armstrong
Autoway Motors LLC
Warranty Deed
—
Aug 31, 2022
$620,000
Autoway Motors LLC
Fairfield Properties LLC
Warranty Deed
$560,000 · Fairfield Properties LLC
Dec 24, 2008
$370,000
Fairfield Properties LLC
Western Gate Properties INC
Warranty Deed
—
Nov 3, 2005
$315,000
Western Gate Properties INC
Hartman Properties LLC
Warranty Deed
$249,500 · First Gulf Bank
Jan 17, 2001
$250,000
Hartman Properties LLC
Thompson,preston & Connie L
Grant Deed
$235,000 · Regions Bank
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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