Financial
Distress signals
Property profile

85 W Airport Blvd Pensacola, FL 32505

FOR LEASE
Community centers
Property ID
US18-2813256
16,793 SF 1.66 ac lot Built 2022
Last sale Sep 2024 · $3,925,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a mixed-use commercial site in Pensacola, Florida at the intersection of Palafox Street and Airport Boulevard, known as The Ridge. It is configured with retail end-cap spaces that have drive-thru potential and inline commercial spaces ranging from approximately 700 to 4,500 square feet. The site is positioned for visibility from a signalized intersection and provides ample on-site parking along with opportunities for signage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value$1.09M
Effective rate1.41%

Value estimate

· Sep 2026
$3.93M
$3.53M – $4.32M
AI approach$3.93M
CAP approach$3.09M
NOI build-up
Gross scheduled income$13k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 44,535.14% cap applied$8k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$154/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$70 – $234

Cap rate analysis

How does the asset earn?
44,535.14%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HC/LI
JurisdictionESCAMBIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.1
Law Firm15.2
Dental Office14.9

Location

85 W Airport Blvd Pensacola, FL 32505
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3850 Davis, Pensacola, FL 32503-3025 $650,000 Jul 2025 36,409 SF
5101 Davis, Pensacola, FL 32503-2034 $2,635,000 Jul 2024 8,132 SF
503 Brent, Pensacola, FL 32503-2003 $1,100,000 May 2024 11,355 SF
2050 12th, Pensacola, FL 32503-5303 $832,500 Feb 2024 5,648 SF
5912 Davis, Pensacola, FL 32503-2036 $3,000,000 Apr 2022 11,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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