6501 N Davis Hwy Pensacola, FL 32504
Property profile & analytics
6501 N Davis Hwy, Pensacola, FL 32504
- Turn key restaurants
- 3,396 SF
- 1.07 lot acres
Property ID
US19-0443422
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.
Location Intelligence
Current Use by Public Records
- Shrimp Basket / Restaurant
Property Details for 6501 N Davis Hwy
- Year built
- 1998
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.07 lot acres
- Zone code
- HC/LI
- Property type
- Turn key restaurants
- APN
- 30-1S-30-6502-000-002
- APU
- 301S306502000002
Description
This exceptional investment opportunity presents a 4,122 square foot, single-tenant net lease property located at 6501 N Davis Hwy, Pensacola, Florida 32504. The property, built in 1998 and situated on a 1.07-acre lot (APN: 301S306502000002), is zoned HC/LI and features a single-story building. Currently occupied by a Shrimp Basket restaurant, part of an 18-unit seafood chain with corporate ownership by Artistry Restaurant Group, this Class A property boasts a 100% occupancy rate. The lease, commenced August 1, 2016, and expiring July 31, 2030, offers a remaining term of approximately 5.7 years. The tenant is backed by a corporate guarantee, providing significant security. The property generates a substantial net operating income (NOI) of $130,454, resulting in an attractive 7.50% cap rate. The asking price is $1,739,387, translating to $421.98 per square foot. The location benefits from high visibility, with an average annual daily traffic count of 33,500 vehicles. This is a rare opportunity to acquire a stable, high-performing net lease investment in a prime retail location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,175,000
- AI Estimate
- $1,175,000
Market price range: $416k - $1.64MMarket price range: $416k - $1.64M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2241
- Latitude
- 30.4917
- 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
$7,729
$0.00
$0.00
$569,267
-
$309,950
$259,317
$569,267
