Freestanding Office Building on
201 N Pace Blvd Pensacola, FL
201 N Pace Blvd, Pensacola, FL, 00000
Contact for pricing
For Sale
Contact for pricing
Freestanding office building available for rent on Pace Blvd.
Property Size1,652 SF
Lot Size0.40 Acres
Price / SF$302.06
Days on Market235
Property Features for 201 N Pace Blvd
General Information
- Standard status
- Active
- Size
- 1,652 SF
- Lot size
- 0.40 Acres
- Property subtype
- OFFICE
Listing Agency
Neal & Company, LLC
(850) 384-8292
Listed by
Susan Carroll, CCIM
(850) 384-8292
Source
Moodyscre
Added: Nov 24, 2025 Checked: Jul 17 at 3:10 am
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 freestanding office building is located on North Pace Boulevard. The property offers 1,652 square feet of office space and is available for rent.
Key Highlights
- Freestanding office building
- Located on Pace Blvd.
Local Financial Insights For Office B
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 | $41.4k | $25.08 |
| − Vacancy | −$4.3k | −$2.59 |
| EGI | $37.1k | $22.49 |
| − OpEx | −$9.3k | −$5.62 |
| NOI | $27.9k | $16.87 |
1,652 SF · lease $25.08/SF/yr · vacancy 10.34% · expense 25.00%
Alternative Uses
Best Use
Office B
$398.0K
$348.3K – $464.4K
NOI $27,861 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$484.8K
$424.2K – $565.7K
NOI $33,939 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
PensaWorks
Marketing & Advertising
Common Sense Construction
Construction Company
Sonitrol Security Systems
Security Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Freestanding office building available for rent on Pace Blvd.
Where is this office building located?
The property is located at 201 N Pace Blvd Pensacola, FL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Freestanding office building; Located on Pace Blvd.
