5007 Davis Hwy Pensacola, FL 32503
Property profile & analytics
5007 Davis Hwy Pensacola, FL 32503
- Community centers
- 50,685 SF
- 11.95 lot acres
Property ID
US18-0476569
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Home Outlet / Building Supply / Hardware & Home Improvement
- MEREFA, LLC Eastern Europe Grocery Store / Grocery & Convenience Store / Food Market
- Dr. John Ehrmann / Pediatrician / Physician
- Elegant Nail Spa / Nail Salon
- Street Oriented Brazilian Jiu-jitsu / Training Center / Sports School
Property Details for 5007 Davis Hwy
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 11.95 lot acres
- Property size
- 50,685 SF
- Zone code
- COM
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 48-1S-30-3126-000-000
- APU
- 481S303126000000
Description
Invest in this exceptional 116,118-square-foot neighborhood shopping center, strategically located in Pensacola, Florida. Forest Oaks Plaza boasts a prime position at the intersection of high-traffic Davis Highway and Brent Lane, enjoying an impressive 65,100 AADT. Its convenient access to Interstate 110 (87,000 AADT) further enhances its visibility and accessibility. Situated west of Cordova Mall and numerous other retail businesses, this property benefits from the highest traffic counts in Pensacola and proximity to medical facilities generating substantial daytime traffic. The single-story, 1990-built building sits on a 12.93-acre lot (12,927 sq ft) and is zoned COM. Currently, there are 6,590 square feet of vacant space available, divisible into units as small as 1,500 square feet, with a maximum contiguous space of 2,990 square feet. The strong tenant mix includes well-known businesses such as Sky Zone, Subway, and Regymen Fitness, ensuring a vibrant and successful shopping environment. This high-visibility location offers excellent frontage on Davis Highway and unparalleled accessibility from Interstate 110, making it an ideal investment opportunity. The property consists of one building with multiple tenants.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $11,846,000
- AI Estimate
- $11,846,000
Market price range: $3.57M - $11.8MMarket price range: $3.57M - $11.8M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $7,815,000 Current use
- RESTAURANT
- $15,845,000 Change: +103% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $9,220,000 Change: +18% Conversion: Easy
- AUTO REPAIR, GARAGE
- $7,130,000 Change: -9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2261
- Latitude
- 30.4706
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$106,805
$0.00
$0.00
$7,681,717
-
$2,061,000
$5,620,717
$7,681,717
