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Property profile & analytics
OFF-MARKET
Auto shops

500 9th Mile Rd Pensacola, FL 32514-1443

4,752 SF 0.53 ac lot Built 1997
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US18-3547701
Property summary
AI-generated overview

This exceptional 3,500-square-foot freestanding retail building presents a remarkable opportunity in Pensacola, Florida. Ideally situated on East Nine Mile Road, this single-tenant property boasts a highly visible location within the Ensley submarket, experiencing a daily traffic count of 39,500 vehicles. The property features convenient ingress and egress, enhanced by a median cut for exceptional accessibility. The 0.517-acre lot provides ample space, including 20 parking spaces to accommodate customers. Zoned HC/LI, this versatile building is perfectly suited for a variety of drive-thru businesses, such as a coffee shop, fast-food restaurant, or liquor store. The property's strategic location and high visibility make it an ideal investment for entrepreneurs seeking a thriving retail space in a busy commercial corridor. The building's 3,500 square feet offer significant potential for customization and adaptation to suit a wide range of business needs. Its prime location in Pensacola, Florida, ensures high exposure and accessibility for potential customers. The property's zoning and ample parking further enhance its appeal to a diverse range of prospective tenants. This is a rare opportunity to acquire a well-positioned, high-traffic retail property in a rapidly growing area.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1997
Construction TYPE NOT SPECIFIED
Total area 4,752 SF
Lot 0.53 ac (22,896 SF)
Zoning code HC/LI
APN 07-1S-30-3442-004-002
UPID US18-3547701
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Donald Redhead · 2 yrs held
Donald Redhead
since 2023
Last sale
$395,000
5 recorded transactions
2023
$395,000
2013
Price N/A
2013
$509,000
2001
$545,000
1969
Price N/A
Zoning & alternative use
HC/LI · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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