238 N New Warrington Rd, Pensacola, FL
Office property with ample space and high-traffic exposure.
- Added:
- Oct 8, 2025
- Days on Market:
- 270
- Last Refresh:
- May 20 at 8:05 pm
Property Features for 238 N New Warrington Rd
General Information
- Standard status
- Active
- Size
- 1,062 SF
- Lot size
- 0.27 Acres
- Property subtype
- OFFICE
Listing office RE/MAX HORIZONS REALTY (256) 200-4556
Listing date Oct 8, 2025
Source Moodyscre
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 RE/MAX HORIZONS REALTY
HighLights
- Prime location with high traffic exposure, perfect for business expansion.
- Ample office space with nearly 1200 sq ft.
- Sits on over 1/4 acre, offering room to expand.
- Street‑facing building design.
- Front parking available.
- Blank canvas for investors to capitalize on Pensacola's growth.
Overview
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 | $26.6k | $25.08 |
| − Vacancy | −$2.8k | −$2.59 |
| EGI | $23.9k | $22.49 |
| − OpEx | −$6.0k | −$5.62 |
| NOI | $17.9k | $16.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2755
- Latitude
- 30.4139
