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Property profile

875 E Nine Mile Rd Pensacola, FL 32514

FOR SALE
Community centers
Property ID
US19-0701053
21,433 SF 7.16 ac lot Built 2016
Last sale Dec 2013 · $172,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 1,400-square-foot, single-tenant restaurant space located in a 21,241-square-foot strip center on a 7.48-acre lot in Pensacola, Florida. The space is fully built out for restaurant use, with no additional build-out indicated, and is configured for operation by an owner-operator. It is situated within a retail-oriented, high-traffic area of the center, supporting customer access and visibility from the surrounding commercial setting.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.74M
Effective rate1.39%

Value estimate

· Oct 2026
$2.80M
$2.52M – $3.07M
Submarket $/SF estimate$2.80M
NOI build-up
Gross scheduled income$24k
Vacancy & credit loss−$2k
Operating expenses−$6k
NOI · 6.70% cap applied$17k

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?
6.70%
$17k 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 agency32.5
Building Supply28.4
Law Firm25.6

Location

875 E Nine Mile Rd Pensacola, FL 32514
County assessor Recorded deeds · 11 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

2 recorded sales · 15 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
960 9th Mile Rd, Pensacola, FL 32514-1647 $295,000 Mar 2025 No data
1085 9th Mile, Pensacola, FL 32514-1650 $312,500 Aug 2019 3,234 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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