8084 Davis HwyPensacola, FL 32514

Property Details for 8084 Davis Hwy

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

8.67 AC

Property size (Sq ft)

54,704 SF

Zone code

COM

Property type

Retail properties

Property subtype

Community centers

APN

18-1S-30-5300-051-002

APU

181S305300051002

Description

This thriving smoke shop in Pensacola, Florida, presents a unique investment opportunity. Priced at $75,000, this turnkey business boasts a 900-square-foot space with 100% occupancy, situated at 8084 N Davis Hwy, 32514, Escambia County. The property is a multi-tenancy retail space operating under a NNN lease. The asking price includes all fixtures, furniture, and equipment (FF&E), inventory, established brand recognition, existing marketing materials, and all goods currently in stock. This translates to a price per square foot of $83.33. The business benefits from a highly desirable location, enjoying close proximity to Interstate 10, numerous top-rated restaurants, and HCA Florida West Hospital, ensuring high visibility and consistent customer traffic. Financial details are available upon request and execution of a non-disclosure agreement (NDA). This is an exceptional opportunity to acquire a well-established and profitable business in a prime commercial location. The business operates as a convenience store and smoke shop.

• CAP approach

  CAP return

  Valuation

  6%

  $10,890,960

  6.5%

  $10,053,194

  7%

  $9,335,109

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,330,233

  Geo Method

  $9,800,047

• Alternative Use

  Use

  Valuation

  Residential

  $8,480,245

  Hospitality

  $7,767,859

  Educational

  $6,462,768

  Medical

  $6,685,032

  Retail

  $10,053,194

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.5086

Longitude

-87.2194

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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