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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Parking lots & garages
5700 Flaxman St Pensacola, FL 32506-4063
Entity Owned
2-yr Hold
Free & Clear
Property ID
US18-0197856
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
1.96 ac (85,378 SF)
Zoning code
HDMU
APN
35-2S-30-2104-000-005
UPID
US18-0197856
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
$540k
Owner & transaction history
5700 Flaxman LLC · 2 yrs held
5700 Flaxman LLC
since 2024
Last sale
$540,000
5 recorded transactions
Zoning & alternative use
HDMU · 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
$3,769
Tax year 2023
Assessed value
$175,754
Assessed 2023
Previous assessed
$182,484
-3.7% YoY
Effective rate
2.14%
On assessed value
Land market value
$58,800
Improvement market value
$128,388
Total market value
$187,188
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
1.96 ac (85,378 SF)
Zoning code
HDMU
APN
35-2S-30-2104-000-005
UPID
US18-0197856
Jurisdiction
ESCAMBIA
Zoning & alternative use
HDMU · Pensacola, FL
Zoning HDMU · permitted uses
HDMU · 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
Heating
NONE
Lot
1.96 ac
Current owner
From public records · entity-resolved
5700 Flaxman LLC
Entity
Free & Clear · 2 yrs held
Mailing address
49 SS PT, HATTIESBURG, MS 39402-7716
Ownership since
2024
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
Jun 10, 2024
$540,000
5700 Flaxman LLC
Oak Shadows LLC
Special Warranty Deed
—
May 2, 2018
$490,000
Oak Shadows LLC
Union Cap Group LLC
Warranty Deed
—
Dec 8, 2016
$120,000
Union Capital Group LLC
Lisc LLC
Warranty Deed
$105,000 · Lisc LLC
Feb 11, 2015
$20,100
Lisc LLC
Clerk Of Escambia County|j Diva Investments LLC
Tax Deed
related
—
May 7, 2003
$140,000
J Diva Investments LLC
Harrington,byron L & Jana J
Grant Deed
—
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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