8187 Fairfield DrPensacola, FL 32506

Property Details for 8187 Fairfield Dr

Year built

1978

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

7.15 AC

Property size (Sq ft)

22,419 SF

Zone code

COM

Property type

Community centers

APN

11-2S-31-3400-000-000

APU

112S313400000000

Description

Established Pensacola liquor store with a 3-PS license is for sale for $745,000. The 2,000 square foot business, located on a 7.135-acre lot at 8187 W Fairfield Dr, Pensacola, FL 32506, generates approximately $900,000 in gross annual sales and a net operating income of $200,000. The business has been operating since 1978 and is situated in a high-traffic location, benefiting from excellent visibility and a loyal customer base. All business assets, excluding inventory (negotiable separately), are included in the sale. The sale also includes a valuable 3-PS liquor license, easily upgradeable to a 4-COP license, offering significant expansion potential. The current lease, a NNN lease, expires January 14, 2025, with a remaining term of one year. The property is zoned commercial and features one single-story building. This turnkey opportunity presents a strong investment with substantial growth potential in a thriving market. The business offers a wide selection of popular brands and impeccable customer service. Financial records demonstrate consistent profitability with gross profit margins around 23-24%. The opportunity to upgrade the license to a 4-COP allows for on-site consumption, opening new revenue streams. This is a rare chance to acquire a well-established business with a highly valuable liquor license in a prime Pensacola location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,463,374

  6.5%

  $4,120,038

  7%

  $3,825,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,823,751

  Geo Method

  $4,016,292

• Alternative Use

  Use

  Valuation

  Residential

  $3,475,406

  Hospitality

  $3,183,454

  Educational

  $2,648,596

  Medical

  $2,739,685

  Retail

  $4,120,038

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4223

Longitude

-87.3162

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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