Industrial Warehouse with C-3
For Sale
Contact for pricing
2110 W Cervantes St, Pensacola, FL 32505
Well-maintained 16,176 SF warehouse/distribution building with one structure and C-3 zoning.
Property Size16,176 SF
Price / SF$82.84
Days on Market154
Property Features for 2110 W Cervantes St
General Information
Standard status
Active
Size
16,176 SF
Property subtype
INDUSTRIAL
Zoning
C-3
Building Details
Year Renovated
1990
Listing Agency:
Stirling | Pensacola
(404) 936-8936
Listed By:
Stacy Taylor, CCIM, SIOR
(404) 936-8936
Source:
Moodyscre
Added: Mar 2
Changed: Jul 26
Last Checked: Aug 3 at 6:27AM
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 Stirling | Pensacola
Investment Insights
Based on property information with market context.
This well-maintained industrial warehouse/distribution building offers 16,176 SF in one structure. The property was renovated in 1990 and is positioned to support a range of industrial and warehouse uses consistent with C-3 zoning.
Located at the intersection of Pace Blvd and Cervantes Street in Pensacola, the property benefits from visibility from a busy intersection, supporting straightforward access and visibility for industrial operations.
Offered for sale, the property is described as an industrial facility built for durability and practical everyday use, with a layout and configuration intended for industrial, warehouse, or distribution aspirations.
Located at the intersection of Pace Blvd and Cervantes Street in Pensacola, the property benefits from visibility from a busy intersection, supporting straightforward access and visibility for industrial operations.
Offered for sale, the property is described as an industrial facility built for durability and practical everyday use, with a layout and configuration intended for industrial, warehouse, or distribution aspirations.
Key Highlights
- 16,176 SF warehouse/distribution building on 2110 W Cervantes St
- One‑building site with C‑3 zoning
- Building was renovated in 1990
Financial Insights For Industrial
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 | $145.6k | $9.00 |
| − Vacancy | −$15.3k | −$0.95 |
| EGI | $130.3k | $8.06 |
| − OpEx | −$39.1k | −$2.42 |
| NOI | $91.2k | $5.64 |
16,176 SF · lease $9.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.76M
$1.54M – $2.06M
NOI $123,525 @ 7.0% cap · market cap 9.22%
Second Best
Industrial
$1.30M
$1.14M – $1.52M
NOI $91,208 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$4.75M
$4.15M – $5.54M
NOI $332,321 @ 7.0% cap · market cap 24.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,702
Businesses Nearby
Under-served
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 - Well-maintained 16,176 SF warehouse/distribution building with one structure and C-3 zoning.
Where is this warehouse located?
The property is located at 2110 W Cervantes St Pensacola, FL.
What is the asking price?
The asking price for this property is $1,340,000.
What are key features of this property?
This property features: 16,176 SF warehouse/distribution building on 2110 W Cervantes St; One‑building site with C‑3 zoning; Building was renovated in 1990
