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    6121 N Davis Hwy Pensacola, FL 32504
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    Property profile & analytics

    6121 N Davis Hwy Pensacola, FL 32504


    • Community centers
    • 42,345 SF
    • 12.26 lot acres
    Retail Space on High-Traffic Thoroughfare For Lease
    $11,595,000
    135,072 SF

    Retail Space on High-Traffic Thoroughfare

    Retail space available in Pensacola with national co-tenants.

    6121 N Davis Hwy, Pensacola, FL 32504
    View Listing
    Property ID
    US18-1038141
    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
    $11,595,000
    Cap Rate Potential
    4.3%
    Community centers
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 6121 N Davis Hwy

    Year built
    1986
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    12.26 lot acres
    Property size
    42,345 SF
    Zone code
    C-1
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    34-1S-30-3101-000-000
    APU
    341S303101000000

    Description

    Pensacola Square, located at 6121 N Davis Hwy, Pensacola, FL 32504, offers a prime retail opportunity in a high-traffic location. This single-story, 135,072 square foot retail center, built in 1986 and renovated in 2005, boasts 465 parking spaces. Currently, there are 7 available spaces ranging from 1,200 to 40,586 square feet, with a total of 10,337 square feet currently vacant. The largest contiguous space available is 3,300 square feet. The center benefits from a strong tenant mix including national co-tenants such as Big Lots, Bealls Outlet, Hobby Lobby, Books-A-Million, Rainbow, Petland, and American Freight, ensuring high visibility and foot traffic. Situated on a major retail thoroughfare, North Davis Highway, the property enjoys exceptional daily traffic counts of 37,000 cars. This presents a unique opportunity for businesses seeking high visibility and access to a substantial customer base in a well-established retail center. The property's size and configuration offer flexibility for a variety of retail uses.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $11,690,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $8,440,000
      6.5%
      $7,790,000
      7%
      $7,235,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,897,000
      Market price range: $2.98M - $9.90M
      AI Estimate
      $9,897,000
      Market price range: $2.98M - $9.90M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $13,240,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2247
    Latitude
    30.4875
    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
    $171,891
    $0.00
    $0.00
    $9,540,987
    -
    $2,752,500
    $6,788,487
    $9,540,987
    View Listing
    More about this property
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