Property profile

6403 9th Ave Pensacola, FL 32504

OFF-MARKET
Other investment properties
Property ID
US18-2739585
6,182 SF 2.99 ac lot Built 1986
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

A +/- 6,182-square-foot commercial space located along North 9th Avenue. The site is positioned on a heavily traveled thoroughfare and provides a second-generation restaurant buildout that is suitable for a range of commercial uses, including retail and restaurant concepts. Interior features include a large open dining area with high ceilings and brick archways, along with large windows for natural light. The existing layout includes a drive-thru and a pick-up window, and it is equipped with a full commercial kitchen installation with substantial prep space and modern equipment. The building’s configuration is designed to support different dining layouts, and the property includes ample parking. The space is situated near Pensacola International Airport and major retail centers, including Walmart, Winn-Dixie, and Ashley’s Furniture.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,182 SF
Lot 2.99 ac (130,244 SF)
Zoning code COM
APN 10-1S-29-3101-025-006
UPID US18-2739585

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Restaurant
  • Take-out & Catering Catering Service
  • Atm
  • Car Wash

Location

6403 9th Ave Pensacola, FL 32504-7321
Pensacola metro Census 1104 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.59M
Blend (final) Blend
$2.03M

Owner & transaction history

since 2022
Last sale
$2.3M
7 recorded transactions
2022
$2.3M
2019
Price N/A
2019
Price N/A
2019
Price N/A
2014
$1.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

COM · Pensacola, FL
Top alternative use upside
Restaurant $1.9M +128.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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