3008 Langley Ave Pensacola, FL
High-end office property with quality construction and interior finishes.
Property Features for 3008 Langley Ave
General Information
- Standard status
- Active
- Size
- 3,850 SF
- Lot size
- 0.50 Acres
- Property subtype
- OFFICE
Listing office Connell & Company Realty (850) 982-3030
Listing date Sep 22, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- True Class A property with numerous construction upgrades.
- Top‑drawer interior finishes.
- Foyer open to the second floor with a winding staircase.
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 | $96.6k | $25.08 |
| − Vacancy | −$10.0k | −$2.59 |
| EGI | $86.6k | $22.49 |
| − OpEx | −$21.6k | −$5.62 |
| NOI | $64.9k | $16.87 |