1805 Creighton RdPensacola, FL 32504

Property Details for 1805 Creighton Rd

Year built

1990

Construction

TYPE NOT SPECIFIED

Lot size

0.52 AC

Property size (Sq ft)

4,860 SF

Zone code

COM

Property type

Retail properties

Property subtype

Community centers

APN

31-1S-30-1901-141-007

APU

311S301901141007

Description

This exceptional 780-square-foot retail space is located within a six-unit strip center at 1805 Creighton Road, Pensacola, Florida 32504. The property is situated on a 0.52-acre lot and benefits from a high-traffic location with approximately 21,000 vehicles passing daily. The building, constructed in 1990, is a single-story Class B structure with a total of 4,680 square feet. This particular unit is an end cap, offering excellent visibility and accessibility, and does not include a drive-thru. The interior features an open layout with one room and a bathroom. The property boasts ample parking with 20 spaces available for customers and tenants. Utilities included in the rent are water, sewer, garbage, and common exterior lighting. The zoning is designated as COM, and the property is served by municipal power. Conveniently located near the intersection of Davis Highway and 9th Avenue, this space presents a fantastic opportunity for a variety of retail businesses. The property's APN is 31-1S-30-1901-141-007. This is a great location in a thriving Pensacola submarket.

• CAP approach

  CAP return

  Valuation

  6%

  $967,572

  6.5%

  $893,144

  7%

  $829,348

• Comparable approach

  Method

  Valuation

  Relative Method

  $828,914

  Geo Method

  $870,653

• Alternative Use

  Use

  Valuation

  Residential

  $753,400

  Hospitality

  $690,110

  Educational

  $574,164

  Medical

  $593,910

  Retail

  $893,144

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4951

Longitude

-87.2043

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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