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Flex Space with Fenced Yard
For Sale
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3885 N Palafox St, Pensacola, FL 32505

The property combines dedicated office space with warehouse improvements and a fenced outdoor yard.

Property Size10,168 SF
Days on Market144

Property Features for 3885 N Palafox St

General Information

Standard status Active
Size 10,168 SF
Property subtype Industrial

Warehouse & Industrial

Warehouse Space 6,028 SF
Office Build-Out 4,140 SF

Additional Details

Gross Income $78,000
Fenced Yard Yes

Building Details

Building Size 10,168 SF
Tenancy Single
Owner Occupied No
Listing Agency: Watson Commercial Group, LLC
Listed By: Gary Watson, CCIM · License #FL BK171026
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:24AM

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 Watson Commercial Group, LLC

Investment Insights

Based on property information with market context.

Located at 3885 N Palafox St in Pensacola, this flex property combines 4,140 SF of office space with 6,028 SF of warehouse area. The site includes a fenced yard, and the building occupies a corner parcel at Palafox and Clarinda. Warehouse ceiling height is 16 feet across the south 50% of the building and 10 feet at the north end.

The sale includes two parcels. The property is currently leased to Landmark Paving under a five-year gross lease that began in April 2023 and runs through March 31, 2028. Lease terms include 3% annual increases and one five-year renewal option.

Key Highlights

  • 4,140 SF of office space and 6,028 SF of warehouse area
  • Fenced yard included with the property
  • Warehouse ceiling height reaches 16 ft across the south 50% and 10 ft at the north end

Property Analytics

Current Use

Landmark Paving General Contractor Roof X Roofing Company

Suggested Use

Top Pick Real Estate Agency Pharmacy Parking Lot & Garage Bakery Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby
Well-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Cordero's Southern Swang Catering North W Street, Pensacola, FL 32505
  • Costal Cajun Cuisine 4024 N Davis Hwy, Pensacola, FL 32503

Frequently Asked Questions

What type of property is this?
Flex space - The property combines dedicated office space with warehouse improvements and a fenced outdoor yard.
Where is this flex space located?
The property is located at 3885 N Palafox St Pensacola, FL.
What are key features of this property?
This property features: 4,140 SF of office space and 6,028 SF of warehouse area; Fenced yard included with the property; Warehouse ceiling height reaches 16 ft across the south 50% and 10 ft at the north end
More about this property
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