Move-In Ready Retail
For Sale
Contact for pricing
3480 Barrancas Ave, Pensacola, FL 32507
Brick retail building with large front windows, nine paved parking spaces, and recent roof, HVAC, and water heater replacements.
Property Size1,631 SF
Price / SF$201.72
Days on Market76
Property Features for 3480 Barrancas Ave
General Information
Standard status
Active
Size
1,631 SF
Total Parking Spaces
9
Property subtype
RETAIL
Site & Location
Traffic Count
27,500 vehicles/day
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
large windows
freshly painted interior
refinished bamboo flooring
dual-sided LED illuminated programmable monument sign
spacious outdoor deck and bar setup
generous yard area
8-foot privacy fence with drive-in gate
Building Details
Construction
brick
Listing Agency:
Bay City Realty LLC
(850) 712-7567
Listed By:
Wendi Summers Sampson
(850) 712-7567
Source:
Moodyscre
Added: May 21
Changed: Jul 27
Last Checked: Aug 4 at 5:28AM
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 Bay City Realty LLC
Investment Insights
Based on property information with market context.
Move-in ready brick retail building set on two highly visible parcels, with a total interior size listed as 1,631 SF. The space includes large windows for natural light, freshly painted interior finishes, and refinished bamboo flooring. Notable recent capital improvements include a newer roof, HVAC system, and water heater, each replaced within the last five years.
The property fronts Barrancas Avenue, described as one of Pensacola’s primary east-west corridors connecting Downtown Pensacola to Warrington and Naval Air Station Pensacola. The site offers nine paved front parking spaces and a large dual-sided, LED illuminated programmable monument sign.
Outdoor space includes a spacious deck and bar setup, along with a generous yard area and an 8-foot privacy fence with a drive-in gate for site security and maneuverability. The offering also references a billboard with a perpetual easement that does not convey with the sale.
The property fronts Barrancas Avenue, described as one of Pensacola’s primary east-west corridors connecting Downtown Pensacola to Warrington and Naval Air Station Pensacola. The site offers nine paved front parking spaces and a large dual-sided, LED illuminated programmable monument sign.
Outdoor space includes a spacious deck and bar setup, along with a generous yard area and an 8-foot privacy fence with a drive-in gate for site security and maneuverability. The offering also references a billboard with a perpetual easement that does not convey with the sale.
Key Highlights
- 1,631 SF brick commercial building on just over 1/3 acre across two highly visible parcels on Barrancas Avenue
- Large front windows and a freshly painted interior with refinished bamboo flooring
- Recent major updates: newer roof, HVAC system, and water heater all replaced within the last five years
Financial Insights For Retail
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 | $29.4k | $18.00 |
| − Vacancy | −$3.0k | −$1.85 |
| EGI | $26.3k | $16.15 |
| − OpEx | −$7.9k | −$4.84 |
| NOI | $18.4k | $11.30 |
1,631 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$263.3K
$230.4K – $307.2K
NOI $18,434 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$478.7K
$418.8K – $558.5K
NOI $33,507 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
27,500 VPD
Traffic count
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Explore this area
Business Placement
Demographics for 32507, FL
31,215
Population
19,131
Households
1.6
Avg Household Size
44
Median Age
32%
College-Educated
91%
High-School Grad
27.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$69,802
Median Household Income
$38,000
Median Earnings
$1,238
Median Rent
$267,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Brick retail building with large front windows, nine paved parking spaces, and recent roof, HVAC, and water heater replacements.
Where is this retail space located?
The property is located at 3480 Barrancas Ave Pensacola, FL.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 1,631 SF brick commercial building on just over 1/3 acre across two highly visible parcels on Barrancas Avenue; Large front windows and a freshly painted interior with refinished bamboo flooring; Recent major updates: newer roof, HVAC system, and water heater all replaced within the last five years
