Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6860 Flds Ln Pensacola, FL 32505-1419

    • Investment properties
    • 1,306 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3828498
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 6860 Flds Ln

    Year built
    1941
    Construction
    WOOD FRAME
    Lot size
    0.36 lot acres
    Property size
    1,306 SF
    Zone code
    HDMU
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    40-1S-30-1001-003-010
    APU
    401S301001003010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2766
    Latitude
    30.4889
    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
    $850
    $0.00
    $0.00
    $53,399
    -
    $5,549
    $50,090
    $55,639

    Comparable in this City

    • Value Estimation by Request
      775 SF

      2516 Yonge St

      OFFICE/RESIDENTIAL (MIXED USE) • 775 SF
      2516 Yonge St, Pensacola, FL 32505-5752
      View Details
    • Value Estimation by Request
      2,080 SF

      1014 T St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,080 SF
      1014 T St, Pensacola, FL 32505-6854
      View Details
    • Value Estimation
      $1,425,000
      16,556 SF

      1717 T St

      OFFICE/RESIDENTIAL (MIXED USE) • 16,556 SF
      1717 T St, Pensacola, FL 32505-6048
      View Details
    • Value Estimation by Request
      570 SF

      673 Diamond Dairy Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 570 SF
      673 Diamond Dairy Rd, Pensacola, FL 32505
      View Details
    • Value Estimation by Request
      1,160 SF

      2505 Cervantes St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,160 SF
      2505 Cervantes St, Pensacola, FL 32505-7152
      View Details
    • Value Estimation by Request
      1,295 SF

      4108 Fairfield Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,295 SF
      4108 Fairfield Dr, Pensacola, FL 32505-4734
      View Details

    Similar Nearby for Sale

    • $550,000
      2,883 SF

      Immaculate Pensacola Office Building

      Modern 2,145 SF office, ½ acre lot, $550,000
      3407 N L St, Pensacola, FL 32505
      View Details
    • $239,000
      4,488 SF

      Pensacola Mixed-Use Property Investment

      Prime Pensacola location, 4,488 SF mixed-use building.
      2106 W Lakeview Ave, Pensacola, FL 32505
      View Details
    • $1,985,000
      19,707 SF

      Pensacola Retail Building For Sale

      19,707 SF Freestanding Retail Space
      4500 Mobile Hwy, Pensacola, FL 32505
      View Details
    • $85,000
      3,105 SF

      Pensacola Beauty Shop - $85k

      Turnkey Beauty Shop; High-Traffic Location.
      1915 N PACE BLVD, Pensacola, FL 32505
      View Details
    • Contact for pricing
      1,421 SF

      Versatile Commercial Building in Pensacola

      5,700 SF commercial building with flexible layout options.
      3105 North T St, Pensacola, FL 32505
      View Details
    • $1,750,000
      3,000 SF

      Prime Pensacola Convenience Store

      High-traffic corner location, 3,000 SF
      2800 W. Fairfield Drive, Pensacola, FL 32505
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      58,564 SF

      Commerce Park Industrial Space

      Pensacola, FL: Flexible Industrial/Office Space
      5031 Commerce Park Cir, Pensacola, FL 32505
      View Details
    • $15 SF/Yr
      5,000 SF

      Divisible Warehouse Space For Rent

      Divisible warehouse space available, from 1,250 to 5,000 square feet.
      2200 N W St, Pensacola, FL 32505
      View Details
    • Contact for pricing

      Two Bedroom Unit For Rent

      Two bedroom, one bath unit in quiet Pensacola neighborhood.
      702 Lynch St, Pensacola, FL 32505
      View Details
    • $13 SF/Yr
      1,880 SF

      Renovated Freestanding Office Building

      Renovated office building with excellent parking and high traffic frontage.
      2965 W Navy Blvd, Pensacola, FL 32505
      View Details
    • $2,650 /Mo
      1,650 SF

      Prime Pensacola Retail Space

      1650 SF Retail, $2650/Month NNN
      3710 PACE BLVD N, Pensacola, FL 32505
      View Details
    • $13 SF/Yr
      7,250 SF

      Pensacola Industrial Space For Lease

      7,250 SF Flex Space Near Downtown Pensacola
      2860 Navy Blvd, Pensacola, FL 32505
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6860 Flds Ln
    Pensacola, FL 32505-1419
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.