Pensacola Fabrication Shop with
3202 Barrancas Ave Pensacola, FL
For Sale
Contact for pricing
11,040 SF fabrication shop with fenced, paved yard.
Property Size11,040 SF
Lot Size1.06 Acres
Price / SF$117.75
Days on Market549
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
(850) 287-0871
Listed By:
Donald Neal, CCIM, SIOR
(850) 287-0871
Source:
Moodyscre
Added: Jan 23, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:31AM
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
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 For Warehouse
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 | $110.0k | $9.96 |
| − Vacancy | −$10.8k | −$0.98 |
| EGI | $99.2k | $8.98 |
| − OpEx | −$14.9k | −$1.35 |
| NOI | $84.3k | $7.64 |
11,040 SF · lease $9.96/SF/yr · vacancy 9.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.20M
$1.05M – $1.41M
NOI $84,305 @ 7.0% cap · market cap 6.49%
Second Best
Industrial
$889.3K
$778.1K – $1.04M
NOI $62,249 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$3.24M
$2.84M – $3.78M
NOI $226,806 @ 7.0% cap · market cap 17.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Blue Coral Sport ...
Big Box & Wholesale Store
FAQs
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 $1,300,000.
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
