7106 Davis Hwy Pensacola, FL 32504-6310
Property profile & analytics
7106 Davis Hwy Pensacola, FL 32504-6310
- Auto shops
- 2,472 SF
- 0.57 lot acres
Property ID
US18-0436575
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
- Zips Car Wash / Car Wash
Property Details for 7106 Davis Hwy
- Year built
- 2007
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.57 lot acres
- Property size
- 2,472 SF
- Zone code
- COM
- Property type
- Auto shops
- APN
- 30-1S-30-2406-000-002
- APU
- 301S302406000002
Description
Exceptional investment opportunity in Pensacola, Florida, featuring a fee-simple, 2,521 square foot car wash on a 0.57-acre lot. This property boasts a 20-year Absolute NNN lease with ZIPS Car Wash, offering 12.7 years remaining. The lease includes a corporate guarantee and attractive 1.5% annual rent escalations, along with six 5-year renewal options at a 7.5% increase each time. The property generates a substantial NOI of $324,736, resulting in a compelling 7.75% cap rate. Built in 2007, this car wash enjoys a prime location on a heavily trafficked road in a thriving retail corridor, less than a mile from I-10. The property benefits from strong demographics and is situated in a tax-free state. This investment is further enhanced by eligibility for accelerated depreciation and 60% bonus depreciation (consult a tax professional). The asking price is $4,190,142. This is a rare opportunity to acquire a stable, high-performing asset with significant long-term growth potential. The property is 100% occupied.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2212
- Latitude
- 30.4981
- 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
$4,336
$0.00
$0.00
$317,449
-
$201,875
$115,574
$317,449
