Retail Storefront & Warehouse For
For Sale
$1,000,000
2500 N E St, Pensacola, FL 32501
6,098 SF RETAIL STOREFRONT & Warehouse For Sale
Property Size6,098 SF
Lot Size0.14 Acres
Price / SF$163.99
Days on Market613
Property Features for 2500 N E St
General Information
Standard status
Active
Property type
Warehouses, Other retail properties, Individual retail properties, Industrial properties, Retail properties & Spaces
Size
6,098 SF
Net Rentable
5,800 SF
Elevators
N/A
Lot size
0.14 Acres
Building Details
Buildings
1
Stories
1
Listed By:
Paul Salter
(850) 564-0120
Added: Feb 10, 2025
Changed: Mar 16
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,098 square foot property is located in Pensacola, Florida, at the corner of E Street and Scott Street. It features a convenient store with asphalt parking and free-standing signage. A 2,500 square foot cinderblock warehouse is located at the rear, complemented by a large fenced yard. Recent upgrades include improved lighting and a new roof. The property sits on a 0.14-acre lot and benefits from a high-traffic location on E Street, with a daily vehicle count of 7,200. The sale includes the existing business's goodwill and equipment, providing a turnkey operation for the buyer. This property offers a blend of retail and warehouse space, making it suitable for a wide range of commercial uses. Its location and recent upgrades make it an attractive investment prospect. The property is located on a high-traffic corner, boasting 7,200 vehicles per day.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,921
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,378,420
$1.4M
Cap Rate 7%
$984,586
$984.6K
Cap Rate 9%
$765,789
$765.8K
Market Conditions
NOI Build-Up for 6,098 SF
Gross rent
$109.8K $18.00/SF
− Vacancy
−$11.3K −$1.85/SF
EGI
$98.5K $16.15/SF
− OpEx
−$29.5K −$4.84/SF
NOI
$68.9K $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%
$1,378,420
Cap Rate 7%
$984,586
Cap Rate 9%
$765,789
Alternative Uses
Best Use
Retail
$984.6K
$861.5K – $1.15M
NOI $68,921 @ 7.0% cap · market cap 6.89%
Second Best
Warehouse
$665.2K
$582.1K – $776.1K
NOI $46,566 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,278 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,488
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32501, FL
10,960
Population
5,505
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
2,962
Density / Sq Mi
$39,127
Median Household Income
$31,312
Median Earnings
$964
Median Rent
$277,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Emerald Moving and Storage — 13 Palafox Pl Suite 200-19, Pensacola, FL 32502
Frequently Asked Questions
What type of property is this?
Warehouse - 6,098 SF RETAIL STOREFRONT & Warehouse For Sale
Where is this warehouse located?
The property is located at 2500 N E St Pensacola, FL.
What is the asking price?
The asking price for this property is $1,000,000.
