6675 Pine Forest RdBellview, FL 32526

  • Retail properties
  • 19,868 SF
For Sale

Property Details for 6675 Pine Forest Rd

Year built
2018
Construction
TYPE NOT SPECIFIED
Lot size
2.30 AC
Property size (Sq ft)
19,868 SF
Zone code
HC/LI
Property type
Retail properties
Property subtype
Community centers
APN
39-1S-31-2101-000-000
APU
391S312101000000

Description

This exceptional investment opportunity presents a branded smoke shop for sale in Bellview, Florida. Located at 6675 Pine Forest Rd, Pensacola, this thriving business occupies a 2,450 square foot storefront. The property is currently operating at 100% occupancy under a triple-net (NNN) lease, minimizing landlord responsibilities. The sale includes the established business, inventory (purchased separately), fixtures, furniture, and equipment (FF&E), goodwill, and the valuable brand and logo. This is a multi-tenancy retail property, offering a diversified income stream. The property's prime location in Escambia County, Florida, zip code 32526, ensures high visibility and consistent customer traffic. The business is highly desirable and well-established within the community. Please note that the lease is a NNN lease and the tenant and employees should not be disturbed. Further details are available upon request. Visit the business website at smokecitypensacola.com for more information. This is a turnkey operation ready for a new owner to step in and continue its success. The property is situated at 30.4751839 latitude and -87.3074764 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,955,499
    6.5%
    $3,651,230
    7%
    $3,390,428
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,388,656
    Geo Method
    $3,559,288
  • Alternative Use

    Use
    Valuation
    Residential
    $3,079,949
    Hospitality
    $2,821,216
    Educational
    $2,347,219
    Medical
    $2,427,944
    Retail
    $3,651,230
6675 Pine Forest Rd, Bellview, Florida

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.4751
Longitude
-87.3073
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
$22,682
-
-
$1,631,943
-
$331,200
$1,300,743
$1,631,943

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