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Property profile & analytics
OFF-MARKET
Parking lots & garages
8310 Binkley St Pensacola, FL 32514-6014
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-9024191
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1945
Construction
WOOD
Total area
860 SF
Lot
0.96 ac (41,818 SF)
Zoning code
MDR
APN
17-1S-30-2101-000-034
UPID
US18-9024191
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
R & R Enterprise Of Nwf LLC · 5 yrs held
R & R Enterprise Of Nwf LLC
since 2021
Last sale
$410,000
7 recorded transactions
Zoning & alternative use
MDR · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,724
Tax year 2023
Assessed value
$139,191
Assessed 2023
Previous assessed
$132,667
+4.9% YoY
Effective rate
1.96%
On assessed value
Land market value
$38,400
Improvement market value
$100,791
Total market value
$139,191
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Bathrooms
1
Total area
860 SF
Lot
0.96 ac (41,818 SF)
Zoning code
MDR
APN
17-1S-30-2101-000-034
UPID
US18-9024191
Jurisdiction
ESCAMBIA
Zoning & alternative use
MDR · Pensacola, FL
Zoning MDR · permitted uses
MDR · 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
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Units
1
Bathrooms
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
R & R Enterprise Of Nwf LLC
Entity
Mailing address
1881 ALHAMBRA ST, NAVARRE, FL 32566-1065
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2021
$410,000
R & R Enterprise Of Nwf LLC
Shawn M Smith
Special Warranty Deed
$317,000 · Servisfirst Bank
Feb 3, 2020
—
Shawn M Smith
—
Deed
related
$370,949 · Coastal Bk&tr
Aug 26, 2014
$360,000
Shawn M Smith
Smith,deborah J & Melvin R
Grant Deed
related
—
May 20, 2011
—
Smith Deborah J Trust
Smith,deborah J & Melvin R
Quit Claim Deed
related
—
Jul 28, 2009
$175,000
Melvin R Smith
Signature Land Management INC
Warranty Deed
$171,567 · Woodlands Bank
Jan 28, 2008
$106,000
Signature Land Management INC
Paywind INC
Warranty Deed
—
—
—
Shawn M Smith
—
Deed Of Trust
related
$370,949 · Coastal Bk&tr
—
—
Smith Deborah J Trust
—
Deed Of Trust
related
$154,000 · Coastal Bank & Trust
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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