Showroom with Two Grade-Level Roll-Up
For Sale
Contact for pricing
2820 W Cervantes St, Pensacola, FL 32505
Fully renovated showroom at the intersection with two grade-level roll-up doors and an asphalt parking lot.
Property Size3,381 SF
Price / SF$205.56
Days on Market105
Property Features for 2820 W Cervantes St
General Information
Standard status
Active
Size
3,381 SF
Property subtype
RETAIL
Additional Details
Corner Location
Yes
Building Details
Buildings
1
Listing Agency:
DeVries Realty Group, LLC
(850) 501-6868
Listed By:
Logan DeVries, CCIM, CPM, MiCP
(850) 501-6868
Source:
Moodyscre
Added: Apr 17
Changed: Jul 30
Last Checked: Jul 30 at 4:35AM
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 DeVries Realty Group, LLC
Investment Insights
Based on property information with market context.
This fully renovated showroom building at 2820 W Cervantes St, Pensacola, FL 32505 offers a clean, ground-up interior and exterior refresh designed for showroom, office, or retail-office uses. The renovation includes new siding, a new roof, insulation, a new restroom, new electrical service, and an asphalt parking lot.
The building provides vehicle access through two grade-level roll-up doors, each measuring 12' wide x 10' tall. The property sits at the intersection of W. Cervantes St. and North W St., delivering visibility along highly traveled roadways on two sides. The site is located just west of downtown Pensacola and due north of Bayou Chico.
With 3,381 SF, the space is available for purchase, and it is also listed as available for lease.
The building provides vehicle access through two grade-level roll-up doors, each measuring 12' wide x 10' tall. The property sits at the intersection of W. Cervantes St. and North W St., delivering visibility along highly traveled roadways on two sides. The site is located just west of downtown Pensacola and due north of Bayou Chico.
With 3,381 SF, the space is available for purchase, and it is also listed as available for lease.
Key Highlights
- 3,381 SF showroom building at 2820 W Cervantes St, Pensacola, FL 32505
- 100% renovation with new siding, roof, insulation, restroom, and new electrical service
- Two grade‑level roll‑up doors for vehicle access, each 12' wide x 10' tall
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 | $84.8k | $25.08 |
| − Vacancy | −$8.8k | −$2.59 |
| EGI | $76.0k | $22.49 |
| − OpEx | −$19.0k | −$5.62 |
| NOI | $57.0k | $16.87 |
3,381 SF · lease $25.08/SF/yr · vacancy 10.34% · expense 25.00%
Alternative Uses
Best Use
Office B
$814.6K
$712.8K – $950.4K
NOI $57,021 @ 7.0% cap · market cap 8.20%
Second Best
Retail
$545.9K
$477.7K – $636.9K
NOI $38,213 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$992.3K
$868.2K – $1.16M
NOI $69,459 @ 7.0% cap · market cap 9.99%
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
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - Fully renovated showroom at the intersection with two grade-level roll-up doors and an asphalt parking lot.
Where is this showroom located?
The property is located at 2820 W Cervantes St Pensacola, FL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,381 SF showroom building at 2820 W Cervantes St, Pensacola, FL 32505; 100% renovation with new siding, roof, insulation, restroom, and new electrical service; Two grade‑level roll‑up doors for vehicle access, each 12' wide x 10' tall
