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    9225 N Palafox St, Pensacola, FL

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    Commercial property with high visibility, ample parking, and multiple entrances.

    Type:OFFICE
    Property size:
    1,608 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $199/SF
    Added:
    Mar 14, 2025
    Days on Market:
    454
    Last Refresh:
    May 20 at 8:22 pm

    Property Features for 9225 N Palafox St

    General Information

    Standard status
    Active
    Size
    1,608 SF
    Lot size
    0.75 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Marina Darlene Langley

    Listing agent Marina Darlene Langley

    Listing office Century 21 BE3

    Listing date Mar 14, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Century 21 BE3

    HighLights

    • Prime Commercial Location: High‑traffic area on N Palafox Hwy, near 9 Mile Rd, Walmart, retailers, and restaurants, offering excellent visibility and accessibility.
    • Versatile HD‑LI Zoning: Allows for a wide range of commercial and light industrial uses.
    • 32‑Panel Enphase Solar System: Valued at over $55K, producing an average of 11.6 Megawatts annually, monitored via app, offering significant energy savings.
    • Multiple Entrances & ADA Accessibility: Features private entrances, a handicap ramp, and ADA compliant suite, ensuring seamless client flow and accessibility.
    • Easy Highway Access: Quick connection to Highway 29 & I‑10, facilitating convenient transportation and logistics.
    • New Septic System: Recently installed for efficiency and reliability.

    Overview

    This versatile commercial property is located on N Palafox Hwy, just off 9 Mile Rd, in a booming area. Zoned HD-LI (Heavy Commercial & Light Industrial), the 0.7464-acre lot offers possibilities for office space, retail, a service-based business, or even a mixed-use setup. The property features multiple entrances from the North, South, and East, ample parking, and high traffic visibility. The spacious interior layout includes LVT and tile flooring, with multiple rooms adaptable for offices or showrooms. It also features private entrances and ADA accessibility, including a handicap ramp and multiple access points. An ADA-compliant suite has been added to the master bedroom. Additional features include a 32-panel Enphase solar system, monitored via app, producing an average of 11.6 Megawatts annually, a new septic system, and a large outdoor shed. The property is located in a high-traffic area near Walmart Supercenter, major retailers, restaurants, and businesses, with easy access to Highway 29 & I-10.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $40.3k $25.08
    − Vacancy −$4.2k −$2.59
    EGI $36.2k $22.49
    − OpEx −$9.0k −$5.62
    NOI $27.1k $16.87
    1,608 SF · lease $25.08/SF/yr · vacancy 10.34% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $387.4K
    $339.0K – $452.0K (±1% cap)
    NOI $27,119 @ 7.0% cap · market cap 8.47%
    Second Best
    Retail
    $259.6K
    $227.2K – $302.9K (±1% cap)
    NOI $18,174 @ 7.0% cap · market cap 5.68%
    Theoretical Best
    Office A
    $471.9K
    $412.9K – $550.6K (±1% cap)
    NOI $33,035 @ 7.0% cap · market cap 10.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2519
    Latitude
    30.4415

    FAQs

    What type of property is this?
    Office units - Commercial property with high visibility, ample parking, and multiple entrances.
    Where is this office units located?
    The property is located at 9225 N Palafox St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Prime Commercial Location: High‑traffic area on N Palafox Hwy, near 9 Mile Rd, Walmart, retailers, and restaurants, offering excellent visibility and accessibility.; Versatile HD‑LI Zoning: Allows for a wide range of commercial and light industrial uses.; 32‑Panel Enphase Solar System: Valued at over $55K, producing an average of 11.6 Megawatts annually, monitored via app, offering significant energy savings.
    (850) 261-8428 Call to check price and availability
    More about this property
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