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    9050 University Pkwy Pensacola, FL 32514

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $725,000

    High-yield medical office building in Pensacola, FL.

    Property size:
    2,912 SF

    Description

    Added:
    Feb 4, 2025
    Days on Market:
    338
    This exceptional investment opportunity presents a 2,912 square foot single-tenant medical office building located at 9050 University Parkway, Pensacola, Florida, 32514, in Escambia County. The property boasts a strong 7.59% capitalization rate and a stable net operating income (NOI) of $55,000, further enhanced by attractive 5% annual rent increases. The building is fully occupied by a credit tenant, Ascend Vision Partners, providing investors with immediate cash flow and long-term stability. The Pensacola MSA demonstrates robust growth, with medical office vacancy rates at historic lows and unemployment significantly below the ten-year average (3.3% as of December 2023, per St. Louis FRED). This investment is further enhanced by the availability of an adjacent 0.3-acre lot, separately available for purchase, offering potential for future expansion or development. The property sits on a 0.46-acre lot. This presents a compelling opportunity for investors seeking a high-yield, low-risk investment in a thriving medical market.

    Property Features for 9050 University Pkwy

    General Information

    Property type
    Other office properties
    Square Feet
    2,912 SF
    Price / Square Foot
    $248
    Class
    C
    Total Parking Spaces
    25
    Elevators
    N/A
    Lot Size
    20,038 SF
    Net Operating Income
    $55,000

    Building Details

    Year Built
    1996
    Buildings
    1
    Stories
    1

    HighLights

    • Prime Pensacola, FL location on University Parkway.
    • 2,912 square foot single‑tenant medical office building.
    • 7.59% cap rate with attractive 5% annual rent increases.
    Location Intelligence

    Current Use by Public Records

    Mills Eye + Facial ... Ophthalmologist Dr. David M. ... Ophthalmologist Dr. Wesley Mayes Optometrist James Tammaro Optometrist Pitts Barbara Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.220867
    Latitude
    30.52693

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    FAQs

    What type of property is this?
    Office property - High-yield medical office building in Pensacola, FL.
    Where is this office property located?
    The property is located at 9050 University Pkwy Pensacola, FL.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: Prime Pensacola, FL location on University Parkway.; 2,912 square foot single-tenant medical office building.; 7.59% cap rate with attractive 5% annual rent increases.
    (850) 564-0120
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    9050 University Pkwy Pensacola, FL 32514
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9050 University Pkwy Pensacola, FL 32514
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