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    8813 N Palafox St Pensacola, FL 32534

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $499,000

    Prime Pensacola office space, ideal for various uses.

    Property size:
    3,814 SF

    Description

    Added:
    Feb 4, 2025
    Days on Market:
    338
    This 3,814 square foot office building, situated on a 0.45-acre lot at 8813 N Palafox St, Pensacola, FL 32534, presents a unique investment opportunity. The property boasts a prime location at the hard corner of Caro Street and North Palafox Street, offering easy access for both trucks and cars. Its proximity to Highway 29 and I-10 enhances its logistical advantages. The main building is well-suited for professional services, sales offices, or industrial product yard offices. Its adaptable layout could also accommodate a daycare center. The recently renovated office area features four separate offices, a kitchen, two bathrooms, a reception area, and an open meeting space. A rear door provides direct access to the yard and a secondary building. This secondary structure includes a second-level loft apartment with a kitchen and bath, perfect for crew quarters, and a ground-level bathroom and storage area. The entire property is fully fenced with a gated access point off Caro Street. The owner is open to both sale and lease options for this versatile property.

    Property Features for 8813 N Palafox St

    General Information

    Property type
    Other office properties
    Square Feet
    3,814 SF
    Price / Square Foot
    $130
    Class
    C
    Total Parking Spaces
    5
    Elevators
    N/A
    Lot Size
    19,530 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    1

    HighLights

    • 3,814 square foot office building in Pensacola, FL, available for sale or lease.
    • Located on a one‑acre lot at a hard corner with easy highway access.
    • Features renovated office space, a secondary building with loft apartment, and a fenced yard.
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.270399
    Latitude
    30.525686

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    FAQs

    What type of property is this?
    Office property - Prime Pensacola office space, ideal for various uses.
    Where is this office property located?
    The property is located at 8813 N Palafox St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 3,814 square foot office building in Pensacola, FL, available for sale or lease.; Located on a one-acre lot at a hard corner with easy highway access.; Features renovated office space, a secondary building with loft apartment, and a fenced yard.
    (850) 564-0120
    Request Owner's contact information
    8813 N Palafox St Pensacola, FL 32534
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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
    8813 N Palafox St Pensacola, FL 32534
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