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Property profile & analytics
FOR LEASE
Showrooms
7801 Sears Blvd, Pensacola, FL 32514
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US18-3951593
For Lease
1 / 3
$3,000/Mo
7801 Sears Blvd, Pensacola, FL 32514
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Property summary
AI-generated overview
This exceptional 0.6-acre land lease opportunity is situated within a larger 8.6-acre industrial complex in Pensacola, Florida. Located at 7801 Sears Blvd, this property boasts 26,136 square feet and a 185-foot frontage. The site benefits from its strategic location just off I-10, providing convenient access to major transportation routes, including the port and rail. Mature Heritage Oaks trees offer shade while maintaining excellent site accessibility. Zoned HCLI, this parcel allows for a wide range of industrial and flex uses. The lease is a modified gross lease with a one-year term. The larger complex includes a 100,000 square foot industrial building. This property offers unparalleled visibility, accessibility, and proximity to Interstate 10, making it an ideal location for businesses seeking a prime industrial location in the Pensacola-Ferry Pass-Brent submarket of Escambia County (APN: 211S302101202033). This single-tenant land lease presents a unique opportunity to establish a presence in a thriving industrial area.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1974
Construction
TYPE NOT SPECIFIED
Total area
119,521 SF
Lot
8.3 ac (361,548 SF)
Zoning code
HC/LI
APN
21-1S-30-2101-001-055
UPID
US18-3951593
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
-
Hinkle Metals & Supply Co Hardware & Home Improvement HVAC Service
-
Builders Specialties Supply, Inc. Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.10M
Blend (final)
Blend
$4.90M
Owner & transaction history
Twenty First Properties INC · 4 yrs held
Twenty First Properties INC
since 2021
Last sale
$4.7M
1 recorded transaction
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)
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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
$3,805,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.90M
Range $4.41M – $5.38M · ±10% · vs last sale $4.69M (Dec 17 2021)
Last sale anchor
$4.69M
Dec 17 2021
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
$41 / 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
$36,338
Tax year 2023
Assessed value
$2,356,039
Assessed 2023
Previous assessed
$2,356,039
+0.0% YoY
Effective rate
1.54%
On assessed value
Land market value
$292,000
Improvement market value
$2,064,039
Total market value
$2,356,039
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
1974
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
4
Total area
119,521 SF
Lot
8.3 ac (361,548 SF)
Zoning code
HC/LI
APN
21-1S-30-2101-001-055
UPID
US18-3951593
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.
Building & site characteristics
From public records
Year built
1974
Construction
TYPE NOT SPECIFIED
Heating
YES
Stories
4
Lot
8.3 ac
Current owner
From public records · entity-resolved
Twenty First Properties INC
Entity
Mailing address
3RD COOPER ST #62, NEW YORK, NY 10034-3805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2021
$4,692,100
Twenty First Properties INC
Twenty First Properties LLC
Special Warranty Deed
$3,570,000 · Financial Federal Bank
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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