Property profile

8681 Palafox St Pensacola, FL 32534

OFF-MARKET
Commercial land
Property ID
US18-2750738
0.25 ac lot Built 1960
Trust Owned 20-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.25-acre corner lot at 8681 N Palafox St, Pensacola, FL 32534, boasts unparalleled visibility and high traffic counts (approximately 11,000 vehicles daily). The property includes an existing 800 square foot freestanding building featuring two workstations, offering immediate usability. Its ideal location on Old Palafox Highway makes it perfect for a variety of commercial ventures, including but not limited to car dealerships, equipment sales, or other retail businesses requiring high visibility. The property's versatility and prime location present a unique opportunity for investors seeking strong returns. The building is suitable for various uses, providing flexibility for potential tenants. Net operating expenses are approximately $36.37 per month. All reasonable offers will be considered. This is a rare chance to acquire a highly visible and strategically located commercial property in a thriving Pensacola market. Don't miss this opportunity to secure a valuable asset with significant growth potential.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1960
Lot 0.25 ac (10,890 SF)
Zoning code HC/LI
APN 11-1S-30-1901-009-026
UPID US18-2750738

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Auto Repair Shop

Location

8681 Palafox St Pensacola, FL 32534-3406
Pensacola metro Census 3400 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

HC/LI · Pensacola, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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