9 Mile RdPensacola, FL 32514

  • Land
  • 1.99 AC
For Sale
$250,000 View listing

Property Details for 9 Mile Rd

Lot size
1.99 AC
Zone code
HC/LI
Property type
Land
Property subtype
Commercial land
APN
09-1S-30-2101-071-008
APU
091S302101071008

Description

This thriving Pensacola restaurant presents a unique owner-user investment opportunity. Located on E 9 Mile Rd in Escambia County, Florida (zip code 32514), this Class A, 1,400 square foot business boasts a prime location with high visibility and ample parking. Built in 2016 and renovated in 2017, the property features a modern interior design and a fully equipped, 932 square foot kitchen. The single-unit building is 100% occupied, offering immediate income potential. The property is zoned HC/LI and operates under a Net Net + lease type. Financial details are available upon execution of a non-disclosure agreement. This turnkey operation is ideal for an experienced restaurateur seeking a well-established business with significant growth potential in a high-traffic area. The sale includes all business assets. Serious inquiries only. The property is situated near major roadways and residential neighborhoods, ensuring a consistent flow of customers. This is a rare opportunity to acquire a profitable, established restaurant in a desirable location. The asking price is $250,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,437,803
    Hospitality
    $12,308,956
    Educational
    $10,240,907
    Medical
    $10,593,107
    Retail
    $15,930,299
9 Mile Rd, Pensacola, Florida
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Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.5345
Longitude
-87.2818
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
$4,291
-
-
$322,380
-
$322,380
-
$322,380

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