Pensacola Warehouse with Residential
2525 Truman Ave Pensacola, FL 32505
2525 Truman Ave, Pensacola, FL, 32505
$419,000
For Sale
$419,000
5,500 SF Industrial Building For Sale
Property Size5,500 SF
Lot Size0.51 Acres
Price / SF$76.18
Days on Market526
Property Features for 2525 Truman Ave
General Information
- Standard status
- Active
- Property type
- Warehouses, Other industrial properties, Other retail properties, Industrial properties, Retail properties & Spaces
- Size
- 5,500 SF
- Net Rentable
- 2,508 SF
- Elevators
- N/A
- Lot size
- 0.51 Acres
Building Details
- Buildings
- 2
- Stories
- 1
Listing Office
(850) 564-0120
Listed by
Paul
(850) 564-0120
Added: Feb 6, 2025 Checked: Mar 16 at 9:06 am
Investment Insights
Based on property information with market context.
This Pensacola, FL property presents an investment opportunity, featuring a renovated 2,500 sq ft residential home and a 3,000 sq ft industrial warehouse. The combined building size is 5,500 square feet. The home is currently rented on a month-to-month basis, providing rental income. Constructed in 2020, the warehouse includes 12-foot ceilings and three drive-in doors. Ample on-site parking is available, with 18-wheeler access. Security features include surveillance cameras, an alarm system, and coded doors. A new fence has been installed. The property is situated on a 0.51-acre lot zoned HDMU, which allows for diverse commercial uses. The warehouse offers 3,000 square feet of space suitable for storage, manufacturing, or other industrial applications.
Local 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 | $49.5k | $9.00 |
| − Vacancy | −$5.2k | −$0.95 |
| EGI | $44.3k | $8.06 |
| − OpEx | −$13.3k | −$2.42 |
| NOI | $31.0k | $5.64 |
5,500 SF · lease $9.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$888.0K
$777.0K – $1.04M
NOI $62,162 @ 7.0% cap · market cap 14.84%
Second Best
Warehouse
$600.0K
$525.0K – $700.0K
NOI $42,000 @ 7.0% cap · market cap 10.02%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,992 @ 7.0% cap · market cap 26.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
Similar For Sale Nearby
Similar Off Market Nearby
- Self-Storage at U-Haul — 2817 N Pace Blvd, Pensacola, FL 32505
- Go Store It Self Storage — 3670 N L St, Pensacola, FL 32505
- Rambo Self Storage Units — 3515 N Pace Blvd, Pensacola, FL 32505
- Maxi-Warehouses And Offices — Brent, FL 32505
- Coastal Moving & Storage — 4321 North W Street, Pensacola, FL 32505
FAQs
What type of property is this?
Warehouse - 5,500 SF Industrial Building For Sale
Where is this warehouse located?
The property is located at 2525 Truman Ave Pensacola, FL.
What is the asking price?
The asking price for this property is $419,000.
