Functional Warehouse in Industrial
For Sale
$585,000
3603 N Q St, Pensacola, FL 32505
4,776 SF warehouse ideal for owner-users or investors.
Property Size4,776 SF
Lot Size0.32 Acres
Price / SF$122.49
Days on Market148
Property Features for 3603 N Q St
General Information
Standard status
Active
Size
4,776 SF
Lot size
0.32 Acres
Property subtype
Industrial
Building Details
Year Built
2009
Listing Agency:
SVN | Southland Commercial Real Estate
(727) 831-1236
Listed By:
Corey O'Kelley · License #FL #SL3621912
(727) 831-1236
Source:
Southlandcommercial
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 1 at 3:47AM
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 SVN | Southland Commercial Real Estate
Investment Insights
Based on property information with market context.
Located in Pensacola’s established industrial district, this 4,776 SF warehouse on N Q Street is suitable for owner-users or investors seeking functional industrial space. The property features three 16-foot roll-up doors, an 18-foot eave height, and an open interior layout. It is conducive to distribution, fabrication, storage, or service-based operations. Situated on 0.32 acres, the light industrial warehouse provides a balance of building efficiency and usable yard space. The property offers accessibility and utility for a variety of commercial and industrial uses. The durable metal construction minimizes deferred maintenance, making it a turnkey light industrial facility with immediate functionality. There is strong demand for warehouse and contractor space in the Pensacola market.
Key Highlights
- Functional 4,776 SF warehouse in Pensacola's established industrial district.
- Three 16‑foot roll‑up doors and 18‑foot eave height for excellent utility.
- Open interior layout suitable for distribution, fabrication, storage, or service‑based operations.
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 | $47.6k | $9.96 |
| − Vacancy | −$4.7k | −$0.98 |
| EGI | $42.9k | $8.98 |
| − OpEx | −$6.4k | −$1.35 |
| NOI | $36.5k | $7.64 |
4,776 SF · lease $9.96/SF/yr · vacancy 9.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$521.0K
$455.9K – $607.9K
NOI $36,471 @ 7.0% cap · market cap 6.23%
Second Best
Industrial
$384.7K
$336.6K – $448.8K
NOI $26,929 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,118 @ 7.0% cap · market cap 16.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 32505, FL
28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value
Market
Properties on Market for Warehouses in Pensacola
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 4,776 SF warehouse ideal for owner-users or investors.
Where is this warehouse located?
The property is located at 3603 N Q St Pensacola, FL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Functional 4,776 SF warehouse in Pensacola's established industrial district.; Three 16‑foot roll‑up doors and 18‑foot eave height for excellent utility.; Open interior layout suitable for distribution, fabrication, storage, or service‑based operations.
