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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1022 W 9 Mile Road Pensacola, FL 32534

Built 1968
Property ID
No photo on file
Map unavailable
Property summary
AI-generated overview

This exceptional commercial property, located at 1022 W 9 Mile Road in Pensacola, Florida (zip code 32534), offers a compelling investment opportunity. The property encompasses approximately 0.72 acres of land, boasting 120 feet of frontage on West Nine Mile Road. This high-traffic location benefits from its proximity to major thoroughfares, including Pine Forest Road and Highway 29, and is conveniently situated just minutes from Interstate 10. The property currently features a 2,148 square-foot building, situated on a larger 3,719 square-foot lot. The current zoning is HC/LI. The area surrounding the property has experienced substantial growth in both commercial and residential sectors, making this a prime location for future development or expansion. The asking price is $600,000. This presents a unique chance to capitalize on the continued development and growth in this thriving Pensacola neighborhood. The property is currently occupied by a single-family residence.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1968
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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