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    8685 Old Palafox Hwy Pensacola, FL 32534

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $3,100 /Mo ($8 SF/Yr)

    High-traffic location, versatile flex space. Ideal for various businesses.

    Lot size:
    4,200 SF

    Description

    Added:
    Mar 20, 2025
    Days on Market:
    293
    This 4,200-square-foot flex space in Pensacola, Florida, offers a unique blend of office and industrial functionality. Located on Old Palafox Highway, a high-traffic area with approximately 11,000 vehicles passing daily, this property boasts excellent visibility and convenient access to Highway 29 and Interstate 10. The space includes 1,120 square feet of climate-controlled office space, perfect for administrative functions or client meetings. The remaining area provides ample room for industrial operations, featuring three ground-level roll-up doors (measuring 12' x 14' and 12' x 10'), and one 16' x 7' sliding door, facilitating easy loading and unloading of materials. The property also benefits from 3-phase electrical service and two restrooms. A small, fenced laydown yard provides additional storage space, and ample parking is available. Water is included in the base monthly rent of $3,100. NNN expenses are estimated at $1.95 per square foot, totaling approximately $682.50 per month. The property is offered on a NNN lease. All reasonable offers will be considered. This property is situated at 8685 Old Palafox Hwy, Pensacola, FL 32534.

    Property Features for 8685 Old Palafox Hwy

    General Information

    Property type
    Other industrial properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    4,200 SF
    USF (Usable sq. ft)
    4,200 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    3100

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    1

    HighLights

    • 4,200 sq ft flex space with 3 ground‑level roll‑up doors and a 1,120 sq ft office.
    • High‑traffic Old Palafox Highway location, near Hwy 29 & I‑10, offering excellent visibility.
    • Includes water; NNN expenses are approximately $1.95/sq ft ($682.50/month).
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Pensacola
    State
    Florida
    Longitude
    -87.236922
    Latitude
    30.40746

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    FAQs

    What type of property is this?
    Industrial property - High-traffic location, versatile flex space. Ideal for various businesses.
    Where is this industrial property located?
    The property is located at 8685 Old Palafox Hwy Pensacola, FL.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 4,200 sq ft flex space with 3 ground-level roll-up doors and a 1,120 sq ft office.; High-traffic Old Palafox Highway location, near Hwy 29 & I-10, offering excellent visibility.; Includes water; NNN expenses are approximately $1.95/sq ft ($682.50/month).
    (850) 444-9994
    Request Owner's contact information
    8685 Old Palafox Hwy 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
    8685 Old Palafox Hwy Pensacola, FL 32534
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