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    4113 Barrancas Avenue Pensacola, FL 32507

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    For Lease
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    Highly visible, renovated retail space in a high-demand Pensacola location.

    Type:OFC, OFC-MED, SCR, SPEC-OTH
    Added:
    Feb 5, 2026
    Days on Market:
    62
    Last Refresh:
    Apr 3 at 4:53 am

    Property Features for 4113 Barrancas Avenue

    General Information

    Standard status
    Active
    Property subtype
    OFC, OFC-MED, SCR, SPEC-OTH

    We can help!

    Listing Contact
    Mehdi Moeini, CCIM, CPM, MiCP

    Listing agent Mehdi Moeini, CCIM, CPM, MiCP License #BK3464565

    Listing office Bay City Realty LLC

    Listing date Feb 5, 2026

    Source Realnex

    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

    Overview

    Prime Retail Location Pensacola

    This highly visible retail property presents a leasing opportunity along a main commercial corridor in Pensacola. The property features a prominent storefront with signage potential and strong daily traffic. The space is suited for businesses seeking exposure. Modern upgrades include updated HVAC systems, recently completed interior improvements, and exterior paint. Ample parking and easy access enhance accessibility for customers. The flexible layout is suitable for various retail uses, and the location is move-in ready. This property is located on Pensacola’s west side, convenient for office and retail users. It is located minutes from downtown Pensacola, Naval Air Station Pensacola, and the Pensacola International Airport, providing access for clients and employees. The property is surrounded by established neighborhoods, shopping centers, and essential services, benefiting from a business community. The location offers a balance of accessibility and local character for office and retail tenants. It is a hard corner located at a lighted intersection.
    Location Intelligence

    Current Use by Public Records

    Honest Tax Return ... Tax Preparation Leslie Insurance Agency ... Insurance Agency Life Heart Training ... Training Center Diversified Management Group Business Management Consultant Barks & Bubbles Pet Grooming Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2761385
    Latitude
    30.3876613

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    FAQs

    What type of property is this?
    Retail space - Highly visible, renovated retail space in a high-demand Pensacola location.
    Where is this retail space located?
    The property is located at 4113 Barrancas Avenue Pensacola, FL.
    What are key features of this property?
    This property features: Prime location on Barrancas Ave with high visibility and strong traffic counts.; Fully renovated and move‑in ready units.; Modern upgrades including updated HVAC systems and recently completed interior/exterior improvements.
    (850) 764-6800
    We can help!
    Listing Contact
    Mehdi Moeini, CCIM, CPM, MiCP
    Real Estate License ID: BK3464565
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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