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Property profile & analytics
OFF-MARKET
Estimated value
$10,695,000
Office buildings
5147 9th Ave Pensacola, FL 32504-8771
Entity Owned
Absentee Owner
Free & Clear
Property ID
US18-5130616
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1993
Construction
TYPE NOT SPECIFIED
Total area
123,767 SF
Lot
0.72 ac (31,363 SF)
Zoning code
C-1
APN
33-1S-30-4102-000-002
UPID
US18-5130616
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
-
Dr. Rod G. Krentel, MD Physician
-
UF Health Liver Transplant – Pensacola Medical Clinic Hospital
-
The Endoscopy Center Medical Clinic
-
McMahon & Ricketson, MD, PA Physician
-
HearingLife of Pensacola FL Hearing Aid Repair Service Doctor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.69M
Blend (final)
Blend
$10.70M
Owner & transaction history
SACRED HEART HEALTH SYSTEM INC
SACRED HEART HEALTH SYSTEM INC
Zoning & alternative use
C-1 · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial/high intensity commercial uses. Conventional residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed-use…
Zone name
Retail Commercial
General category
MIXED_USE
Zone area
837.56 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$17.4M
+5.7%
Commercial (general)
$16.9M
+2.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$16,470,000
Current use
AUTO REPAIR, GARAGE
$17,405,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$16,925,000
Change: +3% · Conversion: Easy
RETAIL STORES
$15,005,000
Change: -9% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$14,690,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$10.70M
Range $9.63M – $11.76M · ±10%
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
$86 / 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
$67,711
Tax year 2023
Assessed value
$8,166,092
Assessed 2023
Previous assessed
$9,668,896
-15.5% YoY
Effective rate
0.83%
On assessed value
Land market value
$252,000
Improvement market value
$10,143,917
Total market value
$10,395,917
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1993
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
CENTRAL
Stories
4
Bathrooms
34
Total area
123,767 SF
Lot
0.72 ac (31,363 SF)
Zoning code
C-1
APN
33-1S-30-4102-000-002
UPID
US18-5130616
Jurisdiction
ESCAMBIA
Zoning & alternative use
C-1 · Pensacola, FLZoning C-1 · permitted uses
C-1 · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial/high intensity commercial uses. Conventional residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed-use development.
Zone name
Retail Commercial
General category
MIXED_USE
Zone area
837.56 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$16.5M
AUTO REPAIR, GARAGE
Est. value
$17.4M
COMMERCIAL (GENERAL)
Est. value
$16.9M
RETAIL STORES
Est. value
$15.0M
INDUSTRIAL (GENERAL)
Est. value
$14.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1993
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
Yes
Stories
4
Bathrooms
34
Lot
0.72 ac
Current owner
From public records · entity-resolved
SACRED HEART HEALTH SYSTEM INC
Entity
Free & Clear · 0 yrs held
Mailing address
5151 N 9TH AVE, PENSACOLA, FL 32504-8721
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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