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Property profile & analytics
OFF-MARKET
Banks
840 Lakeview Ave Pensacola, FL 32501-1967
Individually Owned
13-yr Hold
Free & Clear
Property ID
US18-1057106
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2016
Construction
WOOD
Total area
2,053 SF
Lot
0.17 ac (7,500 SF)
Zoning code
R-2
APN
18-2S-30-6000-019-012
UPID
US18-1057106
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
-
Mental Health Association of West Florida, Inc Association / Organization
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
Harvesters FCU · 13 yrs held
Harvesters FCU
since 2013
6 recorded transactions
Zoning & alternative use
R-2 · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The residential or office land use district is established for the purpose of providing for a mixture of residential housing types and densities and office uses. Residential and office uses shall be allowed within the same structure. When the R-2 zoning district is located in older, developed areas of the city, the zoning regulations are intended to provide…
Zone name
Residential And Office
General category
COMMERCIAL
Zone area
554.16 ac
Source
Realmo
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
$4,566
Tax year 2023
Assessed value
$250,405
Assessed 2023
Previous assessed
$235,722
+6.2% YoY
Effective rate
1.82%
On assessed value
Land market value
$22,500
Improvement market value
$227,905
Total market value
$250,405
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,053 SF
Lot
0.17 ac (7,500 SF)
Zoning code
R-2
APN
18-2S-30-6000-019-012
UPID
US18-1057106
Jurisdiction
ESCAMBIA
Zoning & alternative use
R-2 · Pensacola, FLZoning R-2 · permitted uses
R-2 · Pensacola, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The residential or office land use district is established for the purpose of providing for a mixture of residential housing types and densities and office uses. Residential and office uses shall be allowed within the same structure. When the R-2 zoning district is located in older, developed areas of the city, the zoning regulations are intended to provide for residential or office infill development at a density, character and scale compatible with the surrounding area. In some cases the R-2 district is also intended as a transition area between commercial and residential uses.
Zone name
Residential And Office
General category
COMMERCIAL
Zone area
554.16 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2016
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Harvesters FCU
Individual
Free & Clear · 13 yrs held
Mailing address
PO BOX 5TH 5, CANTONMENT, FL 32533-0005
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2013
$62,000
Harvesters FCU
705 Moreno Point LLC
Warranty Deed
—
Dec 28, 2011
$30,000
705 Moreno Point LLC
Synovus Bk
Grant Deed
—
Nov 29, 2011
—
Synovus Bk
Mental Health Assn Of West Flor
Trustees Deed
related
—
May 20, 2002
$78,500
Mental Health Association Of W
Moore,larry J & Susan G
Grant Deed
$62,799 · Bank Of Pensacola
Feb 13, 1998
$28,500
Larry J Moore
Barnett Bank
Grant Deed
$39,500 · First American Savings Bank
Jun 5, 1996
—
U C Steverson
—
Trustees Deed
related
$22,689 · Barnett Bank Of West Florida
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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