Property profile

500 Blk W Jackson St Pensacola, FL 32501

OFF-MARKET
Commercial land
Property ID
US18-5757695
0.1 ac lot
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,924-square-foot restaurant space presents a remarkable opportunity in Pensacola's vibrant DeVilliers Neighborhood, situated near the Belmont and downtown areas. The single-tenant property boasts a convenient location within a thriving community offering diverse amenities and attractions. Located at 500 W Jackson St, Pensacola, FL 32501, this property sits on a 5,156-square-foot lot and is zoned R-NCB. The building is a single-story structure that underwent a complete renovation in 2024. A significant investment is being offered by the landlord: $150,000 will be allocated towards upgrading the Mechanical, Electrical, and Plumbing (MEP) systems, ensuring a move-in ready space for a discerning restaurateur. This substantial investment minimizes upfront costs and allows for immediate focus on establishing a successful culinary venture. The property's prime location and the landlord's commitment to modernization make this an unparalleled opportunity to establish a thriving restaurant in a highly desirable Pensacola neighborhood. This is a turnkey opportunity for a restaurant owner looking for a fully renovated space in a high-traffic area.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.1 ac (4,500 SF)
Zoning code R-1B
APN 00-0S-00-9010-016-076
UPID US18-5757695

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

500 Blk W Jackson St Pensacola, FL 32501
Pensacola metro Census 100 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2022
Last sale
$32,000
1 recorded transaction
2022
$32,000

Zoning & alternative use

R-1B · Pensacola, FL
Zoning description

The medium-density residential land use district is established for the purpose of providing a mixture of one- and two-family dwellings with a maximum density of 17.4 dwelling units per acre. Recognizing that, for the mo…

General category RESIDENTIAL

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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