Property profile

916 Michigan Ave Pensacola, FL 32505

OFF-MARKET
Community centers
Property ID
US19-0311774
7,320 SF 0.93 ac lot Built 2007
Individually Owned 21-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 7,320 SF
Lot 0.93 ac (40,600 SF)
Zoning code HDMU
APN 46-1S-30-1102-000-003
UPID US19-0311774

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
  • Insurance Agency
  • (Bike/Boat/Book/etc) Store Specialty Food Shop
  • Clothing & Fashion Store
  • Training Center Sports School
  • Hotel & Motel Resort

Location

916 Michigan Ave Pensacola, FL 32505-2318
Pensacola metro Census 3201 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$768k
Blend (final) Blend
$255k

Owner & transaction history

since 2005
1 recorded transaction
2005
$210,000

Zoning & alternative use

HDMU · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 916 Michigan Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message