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    4828 - 4830 W Jackson St Pensacola, AL 32506

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    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $18 SF/Yr ($2,952 /Mo)

    Prime Pensacola flex space, ideal for various uses. High traffic location.

    Lot size:
    1,968 SF

    Property Features for 4828 - 4830 W Jackson St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,968 SF
    USF (Usable sq. ft)
    1,968 SF
    Elevators
    N/A
    Total Rate
    2952

    Amenities

    Building Details

    Buildings
    1
    Stories
    1

    Overview

    Pensacola Flex Space End-Cap

    This 1,968-square-foot end-cap flex space is located in Suite 4824 on the first floor of a retail strip center at 4828-4830 W Jackson St, Pensacola, AL 32506. The property benefits from a highly visible corner location and a substantial daily traffic count of 13,000 vehicles on W Jackson Street. The space offers a versatile open floor plan, measuring 24 feet wide by 81 feet deep, with a ceiling height of 10'6" under the existing tile grid and a 12' eave height. A prominent pole sign enhances visibility. Its location between Mobile Highway and Navy Boulevard provides access to Interstates 110 and 10. The surrounding demographics include a total population of 132,501 and an average household income of $68,165 within a 5-mile radius. The annual lease rate is $18 per square foot. This property is suitable for businesses seeking a high-traffic, accessible location in Pensacola.

    We can help!

    Listing Contact
    Paul Salter

    Learn more

    Property Insight Report

    HighLights

    • 1,968 sq ft end‑cap flex space available for lease in Pensacola, AL.
    • Prime location with high visibility on W Jackson St, offering excellent access to major highways.
    • Attractive demographics: 132,501 population within 5 miles, $68,165 average household income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Askew Media Co. Photography Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Alabama
    Longitude
    -87.280977
    Latitude
    30.417566

    Nearby Comparable

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      Navy Park Plaza Suites Available

      Mixed-use center with office and retail suites for lease.
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      2,480 SF

      Renovated Suite at Navy Park

      Renovated 1,300 SF suite ideal for office or retail.
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      Tillmans Corner Retail/Office Space

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      Hillcrest Road Retail Space

      Prime 1,214 SF end-cap retail space. High visibility, drive-up window.
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      Prime Pensacola Retail Space

      Modern 1,240 SF suite in Navy Park Plaza
      3960 W Navy Blvd, Pensacola, FL 32507
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    • $9 SF/Yr
      3,750 SF

      Tillmans Corner Retail/Office Space

      3750 sq ft, flexible space, prime location.
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    • $4,259 /Mo
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      Pensacola Retail Space: Navy Blvd

      High-traffic retail space, 3720 sq ft, ideal for restaurants or retailers.
      3960 W Navy Blvd, Pensacola, AL 32507
      View Details
    • Contact for pricing

      Retail Space on Lillian Highway

      High-traffic retail space in Pensacola, Florida, for lease.
      4324 Lillian Hwy, Pensacola, FL 32506
      View Details

    Nearby Similar for Lease

    • $4,259 /Mo
      3,720 SF

      Pensacola Retail Space: Navy Blvd

      High-traffic retail space, 3720 sq ft, ideal for restaurants or retailers.
      3960 W Navy Blvd, Pensacola, AL 32507
      View Details

    FAQs

    What type of property is this?
    Flex space - Prime Pensacola flex space, ideal for various uses. High traffic location.
    Where is this flex space located?
    The property is located at 4828 - 4830 W Jackson St Pensacola, AL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features:
    (850) 432-5320
    Request Owner's contact information
    4828 - 4830 W Jackson St Pensacola, AL 32506
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4828 - 4830 W Jackson St Pensacola, AL 32506
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