Pensacola Gas Station Investment
For Sale
$750,000
1900 N W St, Pensacola, FL 32505
2,586 SF Pensacola Gas Station For Sale/Lease
Property Size2,586 SF
Lot Size0.37 Acres
Price / SF$290.02
Days on Market610
Property Features for 1900 N W St
General Information
Standard status
Active
Property type
Other retail properties, Individual retail properties, Other investment properties, Retail properties & Spaces, Investment properties
Size
2,586 SF
Elevators
N/A
Lot size
0.37 Acres
Building Details
Year Built
1978
Buildings
1
Stories
1
Listed By:
Paul Salter
(850) 564-0120
Added: Feb 7, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This 2,586 square foot gas station is located in Pensacola, Florida. Situated on N W Street, the property benefits from a prime location with high daily traffic exceeding 40,000 vehicles. It is conveniently located near W Fairfield Drive and W Cervantes, and is just nine minutes from Downtown Pensacola and Interstate 10. The gas station has been recently renovated, including a new roof, flooring, and cabinetry, as well as two new fuel pumps. The property includes a large walk-in cooler, a custom-built beer cave, extensively stocked shelving, two restrooms, office space, storage space, a point-of-sale (POS) system, and a security system. The property sits on a 0.3658-acre lot. This turnkey operation is suited for an owner-operator looking to capitalize on a high-traffic location and a recently renovated facility. The property is currently prepared for immediate operation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,227
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,540
$584.5K
Cap Rate 7%
$417,529
$417.5K
Cap Rate 9%
$324,744
$324.7K
Market Conditions
NOI Build-Up for 2,586 SF
Gross rent
$46.5K $18.00/SF
− Vacancy
−$4.8K −$1.85/SF
EGI
$41.8K $16.15/SF
− OpEx
−$12.5K −$4.84/SF
NOI
$29.2K $11.30/SF
Area
Escambia County, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,540
Cap Rate 7%
$417,529
Cap Rate 9%
$324,744
Alternative Uses
Best Use
Retail
$417.5K
$365.3K – $487.1K
NOI $29,227 @ 7.0% cap · market cap 3.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$759.0K
$664.1K – $885.5K
NOI $53,127 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Other retail property - 2,586 SF Pensacola Gas Station For Sale/Lease
Where is this other retail property located?
The property is located at 1900 N W St Pensacola, FL.
What is the asking price?
The asking price for this property is $750,000.
