Property profile

6470 Tippin Ave Pensacola, FL 32504

OFF-MARKET
Office buildings
Property ID
US18-0252336
2,464 SF 0.49 ac lot Built 2006
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.44-acre commercial lot presents a remarkable opportunity for investors and developers in the thriving Pensacola, Florida market. Located at 6470 Tippin Avenue, this property offers significant potential for a variety of commercial ventures. The expansive 0.44-acre parcel provides ample space for new construction or redevelopment, catering to a wide range of business needs. Its strategic location within Pensacola ensures high visibility and accessibility, attracting a substantial customer base. The property's zoning (which should be independently verified) will dictate the permissible uses, allowing for careful planning and development tailored to specific business objectives. Given the current market conditions in Pensacola, this lot represents a strong investment with considerable upside potential. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this prime commercial real estate offering. The asking price of $189,700 reflects the property's value and the promising future it holds. Don't miss this chance to acquire a valuable piece of Pensacola's commercial landscape. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use.

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2006
Construction WOOD
Total area 2,464 SF
Lot 0.49 ac (21,344 SF)
Zoning code COM
APN 10-1S-29-3101-040-006
UPID US18-0252336

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
  • Physician
  • Physician
  • Physician
  • Medical Clinic

Location

6470 Tippin Ave Pensacola, FL 32504-8143
Pensacola metro Census 1104 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2020
7 recorded transactions
2020
$428,000
2020
$428,000
2020
Price N/A
2014
Price N/A
2006
Price N/A
2004
$230,000
2004
$135,000

Zoning & alternative use

COM · Pensacola, FL

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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