6707 Pensacola BlvdPensacola, FL 32505

Property Details for 6707 Pensacola Blvd

Year built

1984

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.99 AC

Property size (Sq ft)

5,321 SF

Zone code

HC/LI

Property type

Retail properties

Property subtype

Turn key restaurants

APN

39-1S-30-1103-000-001

APU

391S301103000001

Description

This 4,950-square-foot, two-story restaurant building is located at 6707 Pensacola Blvd, Pensacola, FL 32505. Built in 1984 and renovated in 2020, the property features a full kitchen with functional equipment and two dining areas. The interior boasts recently updated appliances. The building sits on a C-Class site with a GC (Heavy Commercial/Light Industrial) zoning designation. The property includes 45 parking spaces and benefits from high visibility on Pensacola Boulevard, boasting approximately 39,000 vehicles per day. Neighboring businesses include national brands such as Waffle House, McDonald's, and AMC Theatres, creating a dense retail corridor. Easements exist for access to neighboring Splash City Adventures and AMC Classic Theatres. Limited existing furniture, fixtures, and equipment (FF&E) are included in the sale. The property is currently vacant, presenting a prime opportunity for a restaurant tenant-user. Lease terms are negotiable.

• CAP approach

  CAP return

  Valuation

  6%

  $1,059,352

  6.5%

  $977,864

  7%

  $908,016

• Comparable approach

  Method

  Valuation

  Relative Method

  $907,542

  Geo Method

  $953,240

• Alternative Use

  Use

  Valuation

  Residential

  $824,864

  Hospitality

  $755,571

  Educational

  $628,627

  Medical

  $650,246

  Retail

  $977,864

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4886

Longitude

-87.2604

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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