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    Cleared Land with Warehouse Title is generated by Realmo AI

    8450 Fowler Ave, Pensacola, FL

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    9 acres with warehouse and office space for sale.

    Type:INDUSTRIAL
    Property size:
    11,800 SF
    Lot size:
    9.09 Acres
    Price / SF:
    $127/SF
    Added:
    May 31, 2024
    Days on Market:
    764
    Last Refresh:
    May 19 at 9:19 pm

    Property Features for 8450 Fowler Ave

    General Information

    Standard status
    Active
    Size
    11,800 SF
    Lot size
    9.09 Acres
    Property subtype
    INDUSTRIAL

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    Adrian Hammond Jr.

    Listing office Salter Commercial LLC

    Listing date May 31, 2024

    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 Salter Commercial LLC

    HighLights

    • 9 acres of cleared, level, and usable land.
    • Approximately 12,500 sq.ft. warehouse and 1,500 sq.ft. office space.
    • Zoned for Heavy Commercial and Light Industrial, allowing outside storage.
    • Excellent access to Hwy. 29, Pine Forest Road, and Interstate I‑10.
    • Features 8 large roll‑up doors (5 are 15 x 15, 3 are 12 x 14).
    • Frontage on 2 county roads.

    Overview

    This property features approximately 9 acres of cleared, level, and usable land. It includes a warehouse of approximately 12,500 square feet and an office space of approximately 1,500 square feet. The warehouse has 8 large roll-up doors; 5 doors are 15 x 15 feet and open at the front and back, and 3 doors are 12 x 14 feet. The property is currently leased for motor home work. It fronts on two county roads, providing access to Highway 29, Pine Forest Road, and nearby Interstate I-10. Zoned for Heavy Commercial and Light Industrial, the property allows for outside storage.

    Local 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 $117.5k $9.96
    − Vacancy −$11.5k −$0.98
    EGI $106.0k $8.98
    − OpEx −$15.9k −$1.35
    NOI $90.1k $7.64
    11,800 SF · lease $9.96/SF/yr · vacancy 9.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.29M
    $1.13M – $1.50M (±1% cap)
    NOI $90,109 @ 7.0% cap · market cap 6.01%
    Second Best
    Industrial
    $950.5K
    $831.7K – $1.11M (±1% cap)
    NOI $66,534 @ 7.0% cap · market cap 4.44%
    Theoretical Best
    Office A
    $3.46M
    $3.03M – $4.04M (±1% cap)
    NOI $242,420 @ 7.0% cap · market cap 16.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Color Pro Technologies Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Accounting Firm Hotel & Motel Bar & Pub Cafe & Coffee Shop Gym & Fitness Center Parking Lot & Garage Food Market Nursing Home

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

    Similar Places Nearby

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    • Hurricane Preparedness | ECGC — 9044 N Palafox St, Pensacola, FL 32534
    • Everything On Wheels — 8154 Ashland Ave, Pensacola, FL 32534
    • Prime Storage — 725 W Detroit Blvd, Pensacola, FL 32534

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.283
    Latitude
    30.52

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    FAQs

    What type of property is this?
    Warehouse - 9 acres with warehouse and office space for sale.
    Where is this warehouse located?
    The property is located at 8450 Fowler Ave Pensacola, FL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 9 acres of cleared, level, and usable land.; Approximately 12,500 sq.ft. warehouse and 1,500 sq.ft. office space.; Zoned for Heavy Commercial and Light Industrial, allowing outside storage.
    (850) 476-0196 Call to check price and availability
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    Adrian Hammond Jr.
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