9838 N Davis Hwy Pensacola, FL 32514
- Bars
- 3,351 SF
- 0.82 lot acres
Current Use by Public Records
- Bars
Property Details for 9838 N Davis Hwy
- Year built
- 2018
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.82 lot acres
- Property size
- 3,351 SF
- Zone code
- COM
- Property type
- Bars
- APN
- 02-1S-30-0601-000-006
- APU
- 021S300601000006
Description
This exceptional 3,000 square foot retail/brewery property, built in 2018, is situated on the bustling N. Davis Highway (Hwy 90) in Pensacola, Florida, boasting an average daily traffic count of 33,500 vehicles. The property sits on a 1.49-acre lot and features a fully climate-controlled metal building with a substantial 760 square foot heavy mezzanine. The building includes approximately 25 parking spaces, a convenient roll-up door for deliveries, and heavy 3-phase power. Currently zoned COM, this versatile space offers a unique opportunity. The existing brewery equipment is included in the sale price of $765,000, allowing for immediate operation as a brewery. Alternatively, the property's high visibility and location near the University of West Florida make it ideal for conversion into a variety of other retail, restaurant, or service businesses. The two-story building offers ample space and functionality, making it a highly attractive investment opportunity in a desirable North Pensacola location. The property's APN is 021S300601000006|2.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $65,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $90,000
- 6.5%
- $95,000
- 7%
- $105,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $105,000
- Geo Method
- $90,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $80,000
- Retail
- $110,000
- Mixed-Use
- $105,000
- Hospitality
- $85,000
- Educational
- $80,000
- Residential Income
- $105,000
- Energy
- $95,000
- Income-Based Land
- $90,000
- Food Service
- $85,000
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.1997
- Latitude
- 30.537
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA