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    5912 N Davis Hwy Pensacola, FL 32503
    Property profile & analytics

    5912 N Davis Hwy Pensacola, FL 32503

    View on Map
    • Community centers
    • 11,800 SF
    • 1.51 lot acres
    For Lease
    $2,530,000
    View Listing →
    Retail Space Available For Rent For Lease
    $2,530,000
    1,500 SF

    Retail Space Available For Rent

    Retail spaces available, ideal for restaurants and commercial ventures.

    5912 N Davis Hwy, Pensacola, FL 32503
    View Listing
    Property ID
    US18-4495213
    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.
    Value Estimations
    $2,530,000
    Cap Rate Potential
    5.3%
    Community centers
    Location Intelligence

    Current Use by Public Records

    • Red Wing - Pensacola, Fl / Clothing & Fashion Store / (Bike/Boat/Book/etc) Store
    • New Hong Kong House / Restaurant

    Property Details for 5912 N Davis Hwy

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.51 lot acres
    Property size
    11,800 SF
    Zone code
    C-1,R-2
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    35-1S-30-1100-000-020
    APU
    351S301100000020

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,645,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,350,000
      6.5%
      $2,170,000
      7%
      $2,015,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,188,000
      Market price range: $830k - $2.76M
      AI Estimate
      $2,188,000
      Market price range: $830k - $2.76M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,820,000
      Current use
      RESTAURANT
      $3,690,000
      Change: +103% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,145,000
      Change: +18% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,660,000
      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
    -87.2222
    Latitude
    30.483
    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
    $24,189
    $0.00
    $0.00
    $1,360,228
    -
    $657,730
    $702,498
    $1,360,228

    Comparable in this City

    • Value Estimation
      $7,475,000
      106,250 SF

      33 Brent Ln

      MINI-MALL • 106,250 SF
      33 Brent Ln, Pensacola, FL 32503-2288
      View Details
    • Value Estimation
      $3,240,000
      19,256 SF

      3419 12th Ave

      MINI-MALL • 19,256 SF
      3419 12th Ave, Pensacola, FL 32503
      View Details
    • Value Estimation
      $835,000
      5,648 SF

      2050 12th Ave

      MINI-MALL • 5,648 SF
      2050 12th Ave, Pensacola, FL 32503-5303
      View Details
    • Value Estimation
      $1,440,000
      10,274 SF

      5559 Davis Hwy

      MINI-MALL • 10,274 SF
      5559 Davis Hwy, Pensacola, FL 32503-2048
      View Details
    • Value Estimation
      $1,310,000
      6,647 SF

      5046 Byu Blvd

      MINI-MALL • 6,647 SF
      5046 Byu Blvd, Pensacola, FL 32503-2538
      View Details
    • Value Estimation
      $740,000
      10,501 SF

      180 Burgess Rd

      MINI-MALL • 10,501 SF
      180 Burgess Rd, Pensacola, FL 32503-7363
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,531 SF

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      Prime location suitable for retail, medical office, or professional services.
      4441 Bayou Blvd, Pensacola, FL 32503
      View Details
    • $290,000
      1,860 SF

      Prime Retail Space For Sale

      1,860 SF retail space in a vibrant Pensacola location.
      2023 Dr Martin Luther King Jr Dr, Pensacola, FL 32503
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    • Contact for pricing
      27,675 SF

      Pensacola Retail Property For Sale

      Retail property with long-term lease and tenant improvements.
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      View Details
    • Contact for pricing
      6,566 SF

      Pensacola Retail Investment Opportunity

      NNN leased retail property with strong tenants in Pensacola, Florida.
      3119 N Davis Hwy, Pensacola, FL 32503
      View Details
    • Contact for pricing
      1,384 SF

      Pensacola Gas Station Opportunity

      Gas station with property in the heart of Pensacola.
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    • Contact for pricing
      36,000 SF

      Retail, Showroom, and Warehouse Space

      Two buildings with retail, showroom, office, and warehouse space.
      5600 N Davis Hwy, Pensacola, FL 32503
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      1,787 SF

      Pensacola Retail Space For Rent

      Retail space in high-traffic Pensacola shopping center near I-110.
      5007 Davis Hwy, Pensacola, FL 32503
      View Details
    • $16 SF/Yr
      1,500 SF

      Pensacola Retail Space: 1500 SF

      High-traffic Pensacola retail space available.
      5007 Davis Hwy, Pensacola, FL 32503
      View Details
    • $16 SF/Yr
      2,100 SF

      Pensacola Retail Space - 2100 SF

      High-traffic Pensacola retail space, ideal for various businesses.
      5007 Davis Hwy, Pensacola, FL 32503
      View Details
    • $18 SF/Yr
      729 SF

      Pensacola Retail Space - 729 SF

      Class-A retail space, prime location, high traffic.
      85 W Airport Blvd, Pensacola, FL 32503
      View Details
    • $16 SF/Yr
      1,457 SF

      Pensacola Retail Space For Lease

      High-traffic location, 1,457 sq ft retail space.
      5007 Davis Hwy, Pensacola, FL 32503
      View Details
    • $10,500 /Mo
      5,832 SF

      Pensacola Restaurant & Catering Business For Lease

      Turnkey restaurant & catering facility; exceptional location.
      555 Scenic Hwy, Pensacola, FL 32503
      View Details
    View Listing
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    Pensacola, FL 32503
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    5912 N Davis Hwy, Pensacola, FL, 32503
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