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Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Community centers
6224 9th Ave, Pensacola, FL 32504-8294
Entity Owned
4-yr Hold
Free & Clear
Property ID
US18-1429022
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1988
Construction
TYPE NOT SPECIFIED
Total area
11,007 SF
Lot
0.81 ac (35,127 SF)
Zoning code
COM
APN
32-1S-30-1901-090-001
UPID
US18-1429022
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
-
Zoellner's Insurance Agency LLC Insurance Agency
-
Pensacola Cell Phone Repair Electronics & Wireless Store Computer & Electronic Repair
-
Chens Kitchen Restaurant
-
Hyperspace Toys (Bike/Boat/Book/etc) Store Arcade & Gaming Center
-
Coin Cloud Bitcoin ATM Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.03M
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.75M
Owner & transaction history
Rw Management Ltd · 4 yrs held
Rw Management Ltd
since 2021
Last sale
$1.6M
1 recorded transaction
Zoning & alternative use
COM · 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
Method
Estimation
Statistic approach
$1,295,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,195,000
6.5%
$2,025,000
7%
$1,880,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,700,000
Current use
AUTO REPAIR, GARAGE
$1,550,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,505,000
Change: -11% · Conversion: Easy
OFFICE BUILDING
$1,465,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$1.75M
Range $1.57M – $1.92M · ±10% · vs last sale $1.60M (Dec 20 2021)
Last sale anchor
$1.60M
Dec 20 2021
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
$159 / 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
$16,765
Tax year 2023
Assessed value
$1,222,456
Assessed 2023
Previous assessed
$1,145,594
+6.7% YoY
Effective rate
1.37%
On assessed value
Land market value
$467,189
Improvement market value
$755,267
Total market value
$1,222,456
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1988
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
5
Total area
11,007 SF
Lot
0.81 ac (35,127 SF)
Zoning code
COM
APN
32-1S-30-1901-090-001
UPID
US18-1429022
Jurisdiction
ESCAMBIA
Zoning & alternative use
COM · Pensacola, FL
Zoning COM · permitted uses
COM · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1988
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.81 ac
Current owner
From public records · entity-resolved
Rw Management Ltd
Entity
Free & Clear · 4 yrs held
Mailing address
308 W JAMES LEE BLVD, CRESTVIEW, FL 32536-2636
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2021
$1,600,000
Rw Management Ltd
Bricks Of Pensacola INC
Special Warranty 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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