8187 Fairfield DrPensacola, FL 32506

  • Retail properties
  • 22,419 SF
For Sale
$745,000 View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
8187 Fairfield Dr, Pensacola, Florida

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

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
$44,985
-
-
$3,140,656
-
$679,250
$2,461,406
$3,140,656

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].