9838 Davis HwyPensacola, FL 32514

  • Bars
  • 3,351 SF
For Sale
$765,000 View listing

Property Details for 9838 Davis Hwy

Year built
2018
Construction
TYPE NOT SPECIFIED
Lot size
0.82 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $667,147
    6.5%
    $615,828
    7%
    $571,840
  • Comparable approach

    Method
    Valuation
    Relative Method
    $571,542
    Geo Method
    $600,321
  • Alternative Use

    Use
    Valuation
    Residential
    $519,474
    Hospitality
    $475,835
    Educational
    $395,889
    Medical
    $409,505
    Retail
    $615,828

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.537
Longitude
-87.1997
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
$3,004
-
-
$214,578
-
$53,088
$161,490
$214,578

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