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Pensacola Fabrication Shop with Yard
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3202 Barrancas Ave, Pensacola, FL

11,040 SF fabrication shop with fenced, paved yard.

Property Size11,040 SF
Lot Size1.06 Acres
Price / SF$104.17
Days on Market640

Property Features for 3202 Barrancas Ave

General Information

Standard status Active
Size 11,040 SF
Lot size 1.06 Acres
Property subtype INDUSTRIAL
Listing Agency: Neal & Company, LLC
Listed By: Donald Neal, CCIM, SIOR
Source: Moodyscre
Added: Jan 23, 2025 Changed: Oct 25 Last Checked: Oct 24 at 7:56PM

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 Neal & Company, LLC

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Investment Insights

Based on property information with market context.

This 11,040 SF fabrication and shop space is available for sale in the southwest Pensacola area, situated between Downtown and Pensacola NAS. The property features a new roof installed in 2024. It occupies a one-acre lot with a fenced and paved yard. The shop includes four grade-level roll-up doors, each measuring 14'x14'. Argon gas and compressed air are piped throughout the shop. The property has 3 Phase Electric capability, a paint booth, and existing racks that will convey with the sale. The building also incorporates 1,440 SF of office space, including a reception area with updated finishes. Showings are available on Fridays.

Key Highlights

  • 11,040 SF Fabrication/Shop Space on One Acre Lot
  • All New Roof (2024)
  • Features four (4) 14'x14' Grade Level Roll‑Up Doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$84,305
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,686,100 $1.7M
Cap Rate 7%
$1,204,357 $1.2M
Cap Rate 9%
$936,722 $936.7K
Market Conditions
NOI Build-Up for 11,040 SF
Gross rent
$110.0K $9.96/SF
− Vacancy
−$10.8K −$0.98/SF
EGI
$99.2K $8.98/SF
− OpEx
−$14.9K −$1.35/SF
NOI
$84.3K $7.64/SF
Area
Escambia County, FL
Vacancy
9.80%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,686,100
Cap Rate 7%
$1,204,357
Cap Rate 9%
$936,722

Alternative Uses

Best Use
Warehouse
$1.20M
$1.05M – $1.41M (±1% cap)
NOI $84,305 @ 7.0% cap · market cap 7.33%
Second Best
Industrial
$889.3K
$778.1K – $1.04M (±1% cap)
NOI $62,249 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$3.24M
$2.84M – $3.78M (±1% cap)
NOI $226,806 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Blue Coral Sport ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Hair Salon Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - 11,040 SF fabrication shop with fenced, paved yard.
Where is this manufacturing property located?
The property is located at 3202 Barrancas Ave Pensacola, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 11,040 SF Fabrication/Shop Space on One Acre Lot; All New Roof (2024); Features four (4) 14'x14' Grade Level Roll‑Up Doors
(850) 287-0871 Call to check price and availability
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