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Property profile & analytics
OFF-MARKET
Estimated value
$2,625,000
Community centers
6675 Pne Frst Rd, Pensacola, FL 32526-9180
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-7533314
Property summary
AI-generated overview
This exceptional investment opportunity presents a branded smoke shop for sale in Bellview, Florida. Located at 6675 Pine Forest Rd, Pensacola, this thriving business occupies a 2,450 square foot storefront. The property is currently operating at 100% occupancy under a triple-net (NNN) lease, minimizing landlord responsibilities. The sale includes the established business, inventory (purchased separately), fixtures, furniture, and equipment (FF&E), goodwill, and the valuable brand and logo. This is a multi-tenancy retail property, offering a diversified income stream. The property's prime location in Escambia County, Florida, zip code 32526, ensures high visibility and consistent customer traffic. The business is highly desirable and well-established within the community. Please note that the lease is a NNN lease and the tenant and employees should not be disturbed. Further details are available upon request. Visit the business website at smokecitypensacola.com for more information. This is a turnkey operation ready for a new owner to step in and continue its success. The property is situated at 30.4751839 latitude and -87.3074764 longitude.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2018
Construction
TYPE NOT SPECIFIED
Total area
19,868 SF
Lot
2.3 ac (100,188 SF)
Zoning code
HC/LI
APN
39-1S-31-2101-000-000
UPID
US18-7533314
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
-
Nineteen North Hair Salon
-
The Wacked Out Weiner Restaurant
-
Lickin Good Donuts Bakery Discount Store
-
Better Me Nutrition Cafe & Coffee Shop
-
VIPcare Pensacola Pine Forest Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.63M
Blend (final)
Blend
$2.63M
Owner & transaction history
Pointe Crossing LLC · 9 yrs held
Pointe Crossing LLC
since 2017
2 recorded transactions
Zoning & alternative use
HC/LI · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,065,000
Current use
AUTO REPAIR, GARAGE
$2,795,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,715,000
Change: -11% · Conversion: Easy
OFFICE BUILDING
$2,705,000
Change: -12% · Conversion: Moderate
RETAIL STORES
$2,520,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.63M
Range $2.36M – $2.89M · ±10%
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
$132 / 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
$22,682
Tax year 2023
Assessed value
$1,631,943
Assessed 2023
Previous assessed
$1,499,263
+8.8% YoY
Effective rate
1.39%
On assessed value
Land market value
$331,200
Improvement market value
$1,300,743
Total market value
$1,631,943
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
2018
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
19,868 SF
Lot
2.3 ac (100,188 SF)
Zoning code
HC/LI
APN
39-1S-31-2101-000-000
UPID
US18-7533314
Jurisdiction
ESCAMBIA
Zoning & alternative use
HC/LI · Pensacola, FL
Zoning HC/LI · permitted uses
HC/LI · 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
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING
Est. value
$2.7M
RETAIL STORES
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2018
Construction
TYPE NOT SPECIFIED
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.3 ac
Current owner
From public records · entity-resolved
Pointe Crossing LLC
Entity
Free & Clear · 9 yrs held
Mailing address
274 SHR DR, MIRAMAR BEACH, FL 32550-3993
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2017
—
Pointe Crossing LLC
—
Grant Deed
related
$2,815,220 · Branch Bk&tr
Feb 2, 2017
$404,000
Pointe Crossing LLC
Hawkins,john W JR
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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