Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9235 Roe St Pensacola, FL 32514-7034

    • Flex space
    • 9,972 SF
    • 0.53 lot acres
    OFF-MARKET
    Value Estimations
    $895,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-1061901
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Prime Pedal Karts / Big Box & Wholesale Store / (Bike/Boat/Book/etc) Store
    • Prime Railroad Products / Industrial Manufacturer / Production Facility
    • Southern Furniture Leasing Inc / Interior Design

    Property Details for 9235 Roe St

    Year built
    1992
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.53 lot acres
    Property size
    9,972 SF
    Zone code
    HC/LI
    Property type
    Flex space
    APN
    15-1S-30-1101-000-015
    APU
    151S301101000015

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $895,000
      Market price range: $376k - $2.19M
      AI Estimate
      $895,000
      Market price range: $376k - $2.19M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,185,000
      Current use
      AUTO REPAIR, GARAGE
      $1,400,000
      Change: +19% Conversion: Easy
      OFFICE BUILDING
      $1,370,000
      Change: +16% Conversion: Difficult
      RETAIL STORES
      $1,210,000
      Change: +2% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2022
    Latitude
    30.5305
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,734
    $0.00
    $0.00
    $319,707
    -
    $40,810
    $283,738
    $324,548

    Comparable in this City

    • Value Estimation
      $3,455,000
      38,705 SF

      3331 Mclemore Dr

      LIGHT INDUSTRIAL • 38,705 SF
      3331 Mclemore Dr, Pensacola, FL 32514-7074
      View Details
    • Value Estimation
      $4,460,000
      20,300 SF

      7502 Sears Blvd

      LIGHT INDUSTRIAL • 20,300 SF
      7502 Sears Blvd, Pensacola, FL 32514-4538
      View Details
    • Value Estimation
      $855,000
      8,000 SF

      9225 Roe St

      LIGHT INDUSTRIAL • 8,000 SF
      9225 Roe St, Pensacola, FL 32514
      View Details
    • Value Estimation by Request
      54,698 SF

      8780 Ely Rd

      LIGHT INDUSTRIAL • 54,698 SF
      8780 Ely Rd, Pensacola, FL 32514-7010
      View Details
    • Value Estimation
      $2,980,000
      31,438 SF

      8809 Ely Rd

      LIGHT INDUSTRIAL • 31,438 SF
      8809 Ely Rd, Pensacola, FL 32514-7064
      View Details
    • Value Estimation
      $1,645,000
      7,500 SF

      3301 Mclemore Dr

      LIGHT INDUSTRIAL • 7,500 SF
      3301 Mclemore Dr, Pensacola, FL 32514-7079
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      832 SF

      Versatile Property Near I-10 Davis

      One-acre property with office/flex building and storage, ideal for development.
      1860 Atwood Dr, Pensacola, FL 32514
      View Details
    • $9,450,000
      89,636 SF

      Pensacola Office/Warehouse - 14.9 Acres

      Prime Pensacola industrial property; ideal owner-occupant or investor.
      8801 Grow Dr, Pensacola, FL 32514
      View Details
    • $649,500
      3,000 SF

      Prime Pensacola Brewery/Retail Space

      High-traffic Hwy 90 location, 3,000 SF building, ideal for redevelopment.
      9838 N Davis Hwy, Pensacola, FL 32514
      View Details
    • Contact for pricing
      10,000 SF

      Industrial Building Investment Opportunity

      Industrial building for sale with upside potential.
      3050 Copter Rd, Pensacola, FL 32514
      View Details
    • $8,600,000
      83,480 SF

      Industrial Warehouse Space Available 2026

      89,636 SF warehouse space available Q1 2026 near I-10.
      8801 Grow Dr, Pensacola, FL 32514
      View Details
    • $1,150,000
      10,000 SF

      Pensacola Office/Warehouse Investment

      10,000 SF building, 1.44 acres, high-income potential.
      7810 Sears Blvd, Pensacola, FL 32514
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,000 SF

      Ellyson Industrial Park Office/Warehouse

      2,000 SF office/warehouse in multi-tenant facility.
      3330 Mclemore Dr, Pensacola, FL 32514
      View Details
    • $5 SF/Yr
      31,350 SF

      Pensacola Flex Space Sublease

      31,350 SF Flex/R&D space available. Excellent Pensacola location.
      8161 Briese Ln, Pensacola, FL 32514
      View Details
    • $5 SF/Yr

      New Industrial Space with Office

      New construction industrial space with office in Pensacola, Florida.
      3375 Copter Rd, Pensacola, FL 32514
      View Details
    • $7 SF/Yr
      41,500 SF

      Pensacola Warehouse: 41,500 SF

      Prime industrial space; excellent location.
      3380 Bill Metzger Lane, Pensacola, FL 32514
      View Details
    • $9 SF/Yr
      33,750 SF

      Pensacola Industrial Space Available

      Modern warehouse, 33,750 SF, excellent access.
      8161 Briese Ln, Pensacola, FL 32514
      View Details
    • $5 SF/Yr

      New Industrial Space with Offices

      New industrial spaces with offices and convenient highway access.
      3375 Copter Rd, Pensacola, FL 32514
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9235 Roe St
    Pensacola, FL 32514-7034
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!