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    1011 W Garden St Pensacola, FL 32502

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    For Sale
    $1,950,000

    11,236 SF office building with flexible floor plan and parking.

    Property size:
    11,236 SF

    Property Features for 1011 W Garden St

    General Information

    Size
    11,236 SF

    Building Details

    Year built
    1955

    Source: Robert Bell Agent Robert Bell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pensacola Office Building Investment Opportunity

    This 11,236 SF office building, located in the heart of Pensacola, presents an investment opportunity with high visibility, accessibility, and ample parking. Constructed in 1955 and renovated in 2012, the property features a versatile open floor plan suitable for various commercial uses. Zoned C-1, the building includes over 70 dedicated parking spaces and is strategically positioned on W Garden St, a key corridor in Pensacola. The location offers convenient access to the waterfront, with views of Pensacola Bay and the Gulf of Mexico. Nearby Palafox Street features restaurants, shops, and cultural attractions. The property is in close proximity to parks, museums, and a thriving arts scene. Formerly leased to Siemens, the building will soon be available, offering flexibility for investors or owner-occupiers seeking a prime asset in a sought-after location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Siemens Engineer

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Law Firm 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
    County
    Escambia
    State
    Florida
    Longitude
    -87.2291901
    Latitude
    30.4108395

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    FAQs

    What type of property is this?
    Office building - 11,236 SF office building with flexible floor plan and parking.
    Where is this office building located?
    The property is located at 1011 W Garden St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Prime location on W Garden St, a high-visibility corridor in the heart of Pensacola.; - Substantial 11,236 SF building with a versatile open floor plan.; - Over 70 dedicated parking spaces for tenants and visitors.
    (850) 232-2587
    Request Owner's contact information
    1011 W Garden St Pensacola, FL 32502
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    Pensacola, FL 32502
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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
    1011 W Garden St Pensacola, FL 32502
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