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Property profile & analytics
OFF-MARKET
Investment properties
511 Government St Pensacola, FL 32502-6133
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US18-2541665
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1928
Construction
WOOD
Total area
1,531 SF
Lot
0.16 ac (6,857 SF)
Zoning code
HC-1
APN
00-0S-00-9001-003-094
UPID
US18-2541665
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
-
Grand Points Realty, LLC Real Estate Agency
-
Century 21 Blue Marlin Pelican Pensacola Office Real Estate Agency
-
Complete Inc, - Forensic Engineers & Appraisers---- CGC 061674-- COA 33037 Engineering Consultant
-
Fusion Media Media Distribution
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
Major Minor Properties LLC · 2 yrs held
Major Minor Properties LLC
since 2023
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
HC-1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,669
Tax year 2023
Assessed value
$389,854
Assessed 2023
Previous assessed
$336,289
+15.9% YoY
Effective rate
1.71%
On assessed value
Land market value
$274,280
Improvement market value
$115,574
Total market value
$389,854
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1928
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
1,531 SF
Lot
0.16 ac (6,857 SF)
Zoning code
HC-1
APN
00-0S-00-9001-003-094
UPID
US18-2541665
Jurisdiction
ESCAMBIA
Zoning & alternative use
HC-1 · Pensacola, FL
Zoning HC-1 · permitted uses
HC-1 · 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
1928
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Major Minor Properties LLC
Entity
Mailing address
330 W GOVERNMENT ST, PENSACOLA, FL 32502-5521
Ownership since
2023
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
Aug 3, 2023
$550,000
Major Minor Properties LLC
Leed Resort Holdings LLC
Warranty Deed
—
Jan 5, 2023
—
Leed Resort Holdings LLC
—
Deed
related
$487,200 · Renasant Bank
Dec 5, 2022
$609,000
Leed Resort Holdings LLC
Grand Points Realty LLC
Warranty Deed
—
Mar 9, 2015
$235,000
Grand Points Realty LLC
G Thomas Smith
Warranty Deed
$180,000 · Compass Bank
Aug 23, 2007
—
G Thomas Smith
Smith G Thomas & J E H
Quit Claim Deed
related
$45,000 · Bank Of Pensacola
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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