Flex Space with Secure
New
For Sale
$625,000
1527 Pat Thomas Parkway, Quincy, FL 32351
A clear-span metal building pairs climate-controlled administrative offices with an enclosed yard for equipment and vehicle storage.
Property Size5,200 SF
Lot Size6.60 Acres
Price / SF$120.19
Days on Market4
Property Features for 1527 Pat Thomas Parkway
General Information
Standard status
Active
Size
5,200 SF
Lot size
6.60 Acres
Property subtype
CommercialSale
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Span
Yes
Office Build-Out
1,600 SF
Three-Phase Power
Yes
Heavy Power
Yes
Additional Details
Currently Operating
Yes
Amenities
Carpet,Concrete
No
Yes
Fenced
Level
Public
6.6
Fenced,Paved,ParkingSpaces,Unpaved
MainThoroughfare
5200.0
PublicMaintainedRoad
Building Details
Building Size
5,200 SF
Buildings
1
Construction
metal
Listing Agency:
Keller Williams Town & Country
(850) 752-0557
Listed By:
Brandy French
Source:
Cloverkeyrealty
Added: Oct 30
Changed: Nov 1
Last Checked: Oct 31 at 3:22AM
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 Keller Williams Town & Country
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Investment Insights
Based on property information with market context.
This 5,200-square-foot flex property sits on a level, fenced 6.60-acre site in Quincy. The clear-span metal building includes 1,600 square feet of finished, climate-controlled office and administrative space alongside a high-bay workshop. Industrial features include three-phase electric service, high-load concrete flooring, ceiling clearances exceeding 20 feet, and public water. The fenced yard provides space for outdoor storage, equipment staging, and vehicle parking.
The property fronts Pat Thomas Parkway (SR 267), with Interstate 10 minutes away and Tallahassee 20 miles to the east. Its office-and-workshop configuration and substantial yard accommodate a range of commercial and industrial operations.
The property fronts Pat Thomas Parkway (SR 267), with Interstate 10 minutes away and Tallahassee 20 miles to the east. Its office-and-workshop configuration and substantial yard accommodate a range of commercial and industrial operations.
Key Highlights
- 5,200‑square‑foot metal facility on a 6.60‑acre fenced site
- 1,600 square feet of finished, climate‑controlled office space
- Clear‑span high‑bay workshop with ceiling clearances exceeding 20 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,523
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,460
$810.5K
Cap Rate 7%
$578,900
$578.9K
Cap Rate 9%
$450,256
$450.3K
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$49.9K $9.60/SF
− Vacancy
−$2.2K −$0.43/SF
EGI
$47.7K $9.17/SF
− OpEx
−$7.2K −$1.38/SF
NOI
$40.5K $7.79/SF
Area
Gadsden County, FL
Vacancy
4.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,460
Cap Rate 7%
$578,900
Cap Rate 9%
$450,256
Alternative Uses
Best Use
Warehouse
$578.9K
$506.5K – $675.4K
NOI $40,523 @ 7.0% cap · market cap 6.48%
Second Best
Flex RnD
$538.9K
$471.5K – $628.7K
NOI $37,721 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$1.27M
$1.12M – $1.49M
NOI $89,237 @ 7.0% cap · market cap 14.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32351, FL
16,526
Population
7,065
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
79%
High-School Grad
213.0 sq mi
ZIP Area
78
Density / Sq Mi
$39,219
Median Household Income
$29,952
Median Earnings
$838
Median Rent
$119,600
Median Home Value
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
Frequently Asked Questions
What type of property is this?
Flex space - A clear-span metal building pairs climate-controlled administrative offices with an enclosed yard for equipment and vehicle storage.
Where is this flex space located?
The property is located at 1527 Pat Thomas Parkway Quincy, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 5,200‑square‑foot metal facility on a 6.60‑acre fenced site; 1,600 square feet of finished, climate‑controlled office space; Clear‑span high‑bay workshop with ceiling clearances exceeding 20 feet
