Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8382 N Palafox St Pensacola, FL 32534

    Source: https://www.saltercompany.com
    For Sale
    $375,000

    Prime Location, Updated, High-Traffic Area

    Property size:
    4,925 SF

    Description

    Added:
    Feb 5, 2025
    Days on Market:
    313
    This exceptional 4,925-square-foot freestanding building presents a unique investment opportunity in Northwest Pensacola, Florida. Strategically located between I-10, Highway 29, and West 9 Mile Road, this property enjoys high visibility and accessibility. The building is zoned Heavy Commercial/Light Industrial (HC/LI), offering versatility for a wide range of commercial uses. Recent upgrades significantly enhance its value and functionality. These improvements include a new roof installed in 2023, a new water heater in 2024, and a new backflow preventer installed in 2014. The property sits on a 0.425-acre lot. The strong demographics of the surrounding area further bolster its investment potential. Within a 5-mile radius, the total population is 129,848, with an average household income of $78,456. This combination of location, recent improvements, and favorable demographics makes this freestanding building an attractive proposition for discerning investors seeking a high-return property in a thriving market. The asking price is $375,000. This is a rare opportunity to acquire a well-maintained, versatile commercial building in a prime Pensacola location.

    Property Features for 8382 N Palafox St

    General Information

    Property type
    Other retail properties
    Square Feet
    4,925 SF
    Price / Square Foot
    $76
    Class
    C
    Elevators
    N/A
    Lot Size
    18,526 SF

    Building Details

    Year Built
    1956
    Buildings
    1
    Stories
    1

    HighLights

    • 4,925 sq ft freestanding building in Pensacola, FL, priced at $375,000.
    • Centrally located near I‑10, Hwy 29, and W 9 Mile Rd for easy access.
    • Recent upgrades include a new roof (2023), water heater (2024), and backflow preventer (2014).
    Insight Report Location Intelligence

    Current Use by Public Records

    Coyle Steel Drums Musical Instrument Manufacturer

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -87.264748
    Latitude
    30.516613

    Nearby Similar for Sale

    • $950,000

      Turnkey Income Property in Pensacola

      Fully functioning 6-unit income property with high-yield potential.
      2001 N 61St Ave, Pensacola, FL 32506
      View Details
    • New
      $359,900

      Pensacola Duplex with Inground Pool

      Duplex in Pensacola, FL, featuring an inground saltwater pool.
      3781 Nobles St, Pensacola, FL 32514
      View Details
    • $599,900

      Luxury Duplex Near Pristine Beaches

      Upscale duplex investment near beaches with fully furnished units.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details
    • $725,000

      Historic Downtown Pensacola Quadruplex

      Income-producing, furnished quadruplex in Pensacola's historic Old East Hill.
      522 N 7Th Ave, Pensacola, FL 32501
      View Details
    • $590,000
      2,380 SF

      Pensacola Single-Story Home with Pond View

      Four-bedroom home in maritime community with pond and marina access.
      4003 Indigo Dr, Pensacola, FL 32507
      View Details
    • $599,900
      2,440 SF

      Luxury Duplex Near Pristine Beaches

      Luxury duplex investment property with high-end finishes and furnishings.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details

    FAQs

    What type of property is this?
    Other retail property - Prime Location, Updated, High-Traffic Area
    Where is this other retail property located?
    The property is located at 8382 N Palafox St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: 4,925 sq ft freestanding building in Pensacola, FL, priced at $375,000.; Centrally located near I-10, Hwy 29, and W 9 Mile Rd for easy access.; Recent upgrades include a new roof (2023), water heater (2024), and backflow preventer (2014).
    (850) 564-0120
    Request Owner's contact information
    8382 N Palafox St Pensacola, FL 32534
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8382 N Palafox St
    Pensacola, FL 32534
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8382 N Palafox St Pensacola, FL 32534
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.