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98 Yoakum Ct
Pensacola, FL 32505
Yoakum · Retail Property For Sale
Investment Highlights
- Fantastic 9.5% CAP rate
- Within walking distance to retail: Walgreens, Dollar Tree, Dollar General, Waffle House, and Regions Bank.
Executive Summary
Discover an exceptional opportunity with this 720 sq. ft. retail building located at 98 Yoakum Ct, currently operating as a beauty salon. This property boasts great visibility with 38 linear feet of frontage on Yoakum Ct, ensuring that it is seen by over 27,400 daily drivers. The surrounding area is vibrant, with a population of 67,100 residents living within a 3-square mile radius, providing a solid customer base for any business venture. Whether you are looking to continue the salon's success or start a new retail concept, this location offers significant potential for growth and visibility in a bustling community. Currently owner occupied with 3 other stylists renting. Shampoo bowls and private stations/rooms within space.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
720 SF
Building Class
B
Year Built
1957
Price
$306,954 CAD
Price Per SF
$426.33 CAD
Cap Rate
9.50%
NOI
$29,161 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial
Parking
6 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Security System
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 46-1S-30-2001-071-001 | Improvements Assessment | $109,328 CAD |
| Land Assessment | $20,817 CAD | Total Assessment | $130,145 CAD |
Property Taxes
Parcel Number
46-1S-30-2001-071-001
Land Assessment
$20,817 CAD
Improvements Assessment
$109,328 CAD
Total Assessment
$130,145 CAD
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