Office Buildings with Recent
4501 N Davis Hwy, Pensacola, FL 32503
For Sale
New
Contact for pricing
The three-building property has received roof, HVAC, fire protection, and parking lot improvements.
Property Size31,633 SF
Price / SF$323.90
Days on Market6
Property Features for 4501 N Davis Hwy
General Information
Standard status
Size
Property subtype
Additional Details
Sprinkler System
Building Details
Buildings
Listing Agency:
Matthews Real Estate Investment Services | Fort Lauderdale
(866) 899-0550
Listed By:
Jake Allen
(954) 295-4534
Source:
Moodyscre
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 10 at 9:01AM
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 Matthews Real Estate Investment Services | Fort Lauderdale
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 31,633-square-foot office property at 4501 N Davis Hwy in Pensacola comprises three buildings. Recent work includes roof replacements, HVAC improvements, fire sprinkler upgrades, and resurfacing of the parking lot, along with other capital improvements.
Key Highlights
- Three office buildings totaling 31,633 square feet
- Recent roof replacements and HVAC improvements
- Fire sprinkler system upgrades
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$533,492
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,669,840
$10.7M
Cap Rate 7%
$7,621,314
$7.6M
Cap Rate 9%
$5,927,689
$5.9M
Market Conditions
NOI Build-Up for 31,633 SF
Gross rent
$793.4K $25.08/SF
− Vacancy
−$82.0K −$2.59/SF
EGI
$711.3K $22.49/SF
− OpEx
−$177.8K −$5.62/SF
NOI
$533.5K $16.87/SF
Area
Escambia County, FL
Vacancy
10.34%
Lease Rate
$25.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,669,840
Cap Rate 7%
$7,621,314
Cap Rate 9%
$5,927,689
Alternative Uses
Best Use
Office B
$7.62M
$6.67M – $8.89M
NOI $533,492 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.28M
$8.12M – $10.83M
NOI $649,870 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
Explore this area
Business Placement
Demographics for 32503, FL
33,693
Population
14,419
Households
2.3
Avg Household Size
36
Median Age
41%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
2,674
Density / Sq Mi
$67,654
Median Household Income
$32,077
Median Earnings
$1,226
Median Rent
$270,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Pensacola, FL
Properties on Market for Office buildings in Pensacola
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The three-building property has received roof, HVAC, fire protection, and parking lot improvements.
Where is this office building located?
The property is located at 4501 N Davis Hwy Pensacola, FL.
What is the asking price?
The asking price for this property is $10,245,820.
What are key features of this property?
This property features: Three office buildings totaling 31,633 square feet; Recent roof replacements and HVAC improvements; Fire sprinkler system upgrades
