Standalone Warehouse with Fenced
For Sale
Contact for pricing
2807 W Gadsden St, Pensacola, FL
Standalone warehouse with workrooms and fenced lay-down yard for sale.
Property Size1,444 SF
Lot Size0.15 Acres
Price / SF$186.29
Days on Market271
Property Features for 2807 W Gadsden St
General Information
Standard status
Active
Size
1,444 SF
Lot size
0.15 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Bellcore Commercial LLC
(850) 232-2587
Listed By:
Robert Bell · License #SL3538931
(850) 232-2587
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: May 20 at 9:29PM
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 Bellcore Commercial LLC
Investment Insights
Based on property information with market context.
This standalone warehouse, zoned HC/LI, features a fully fenced perimeter. The property includes three workrooms, one of which is insulated. A small lay-down yard is situated at the front of the building. The property size is 1,444 square feet.
Key Highlights
- Standalone warehouse
- HC/LI zoning
- Fully fenced
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,027
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$220,540
$220.5K
Cap Rate 7%
$157,529
$157.5K
Cap Rate 9%
$122,522
$122.5K
Market Conditions
NOI Build-Up for 1,444 SF
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.
Gross rent
$14.4K $9.96/SF
− Vacancy
−$1.4K −$0.98/SF
EGI
$13.0K $8.98/SF
− OpEx
−$1.9K −$1.35/SF
NOI
$11.0K $7.64/SF
Area
Escambia County, FL
Vacancy
9.80%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$220,540
Cap Rate 7%
$157,529
Cap Rate 9%
$122,522
Alternative Uses
Best Use
Warehouse
$157.5K
$137.8K – $183.8K
NOI $11,027 @ 7.0% cap · market cap 4.10%
Second Best
Industrial
$116.3K
$101.8K – $135.7K
NOI $8,142 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$423.8K
$370.8K – $494.4K
NOI $29,666 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Katherine Infinite Self Storage Facility — 3013 E Cervantes St, Pensacola, FL 32503
Frequently Asked Questions
What type of property is this?
Warehouse - Standalone warehouse with workrooms and fenced lay-down yard for sale.
Where is this warehouse located?
The property is located at 2807 W Gadsden St Pensacola, FL.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Standalone warehouse; HC/LI zoning; Fully fenced
