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    5115 N Palafox St Pensacola, FL 32505

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    For Sale
    $2,400,000

    Medical office space near Baptist Hospital, suitable for various practices.

    Property size:
    5,500 SF
    Lot size:
    0.60 Acres

    Property Features for 5115 N Palafox St

    General Information

    Size
    5,500 SF
    Lot size
    0.60 Acres

    Source: RE/MAX GULF PROPERTIES Agent David Coate

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

    Overview

    Medical Office Near Baptist Hospital

    This property, formerly housing an urgent care and primary care clinic, is now available. The location offers convenient access to the new Baptist Hospital. The space is currently configured for a medical user but can be partitioned into two spaces, each with separate electrical metering. It is suitable for a physician, dentist, veterinary clinic, podiatrist, chiropractor, and other medical practices. The property has a size of 5500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kena Troupe Nurse Practitioner COURTNEY TRUAX Nurse Practitioner Dr. Narendra Gowda Internist Quality Primary Care Medical Clinic ABBY FOWLER Physician Assistant

    Suggested Use

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

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

    Similar Places Nearby

    Brentwood Animal Hospital, Dr. Todd Burnett

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2425111
    Latitude
    30.465822

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    FAQs

    What type of property is this?
    Medical office - Medical office space near Baptist Hospital, suitable for various practices.
    Where is this medical office located?
    The property is located at 5115 N Palafox St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Super convenient location to the new Baptist Hospital; - Previously housed an urgent care clinic and a primary care clinic; - Space is finished out for a medical user
    (251) 213-8811
    Request Owner's contact information
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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
    5115 N Palafox St Pensacola, FL 32505
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