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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Turn key restaurants
847 Navy Blvd Pensacola, FL 32507-1245
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US18-4891238
Property summary
AI-generated overview
This exceptional 4,269 square foot restaurant and bar space is ideally situated in West Pensacola, at 847 N Navy Blvd, near Tyrone St and US-98. The single-tenant property boasts a convenient corner lot with ample parking (40 spaces) and outdoor seating, ensuring easy access and high visibility. Built in 2019 (renovated), this Class C building features a fully equipped kitchen, including a hood system and walk-in coolers. The interior includes a well-designed bar and dining area with additional coolers. The 0.5-acre lot is zoned "Com" (Commercial) and offers significant potential for a variety of food and beverage concepts. The property is served by Florida Power and Light. The property's APN is 522S302000000003. This turnkey opportunity is ready for immediate occupancy. The building is one story and is part of the Pensacola submarket cluster.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,067 SF
Lot
0.46 ac (20,040 SF)
Zoning code
COM
APN
52-2S-30-2000-000-003
UPID
US18-4891238
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
-
The Wine Gift Box Big Box & Wholesale Store Distribution Center
-
ATM Atm
-
Self Storage Storage Facility
-
World Of Whiskey Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$620k
Blend (final)
Blend
$600k
Owner & transaction history
Sl&d N Navy LLC · 1 yrs held
Sl&d N Navy LLC
since 2025
Last sale
$600,000
2 recorded transactions
Zoning & alternative use
COM · 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
$565,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Apr 28 2025)
Last sale anchor
$600k
Apr 28 2025
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
$118 / 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
$4,009
Tax year 2023
Assessed value
$284,734
Assessed 2023
Previous assessed
$279,047
+2.0% YoY
Effective rate
1.41%
On assessed value
Land market value
$108,216
Improvement market value
$176,518
Total market value
$284,734
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
5,067 SF
Lot
0.46 ac (20,040 SF)
Zoning code
COM
APN
52-2S-30-2000-000-003
UPID
US18-4891238
Jurisdiction
ESCAMBIA
Zoning & alternative use
COM · Pensacola, FL
Zoning COM · permitted uses
COM · 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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Sl&d N Navy LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1070 PALISADES RD, PENSACOLA, FL 32504-7923
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
$600,000
Sl&d N Navy LLC
Michael Morgan Hua
Warranty Deed
—
Apr 19, 2004
$350,000
Michael Hua
Burger King Corp
Grant Deed
$300,000 · Suntrust Bank NA
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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