Retail Building with Showroom and
For Sale
Contact for pricing
4825 Mobile Hwy, Pensacola, FL 32506
Built in 2005 with a showroom, warehouse space, and a fenced yard with loading dock and roll-up door.
Property Size18,750 SF
Price / SF$133.33
Days on Market451
Property Features for 4825 Mobile Hwy
General Information
Standard status
Active
Size
18,750 SF
Property subtype
RETAIL
Site & Location
Frontage
165 ft
Traffic Count
36,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Warehouse Space
2,800 SF
Building Details
Year Built
2005
Buildings
1
Building Size
18,750 SF
Listing Agency:
Keller Williams Realty Gulf Coast
(850) 471-5000
Listed By:
Dean R Cooledge · License #SL3615588
(850) 736-9330
Source:
Moodyscre
Added: Jun 24, 2025
Changed: Sep 7
Last Checked: Sep 16 at 8:10PM
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 Keller Williams Realty Gulf Coast
Investment Insights
Based on property information with market context.
Former Badcock Home Furniture & More retail building available along US-90/Mobile Highway. The property includes 18,750 SF total building area, with a 15,000 SF showroom and a 2,800 SF warehouse. Built in 2005, the building has a configuration historically used for furniture sales but can support a range of retail and distribution needs.
On-site access includes 165 feet of frontage along the highway. A 4,900 SF fenced-in yard sits behind the building and features a loading dock and a 10x10 roll-up door. The property is positioned with an Aldi grocery store directly across the street, and Wal-Mart, Home Depot, and Lowe’s are less than a mile away. The corridor sees 36,000 cars per day, supporting retail and customer-facing operations.
This is a strong option for tenants seeking a retail-first footprint with back-of-house and yard/loading capability in one site.
On-site access includes 165 feet of frontage along the highway. A 4,900 SF fenced-in yard sits behind the building and features a loading dock and a 10x10 roll-up door. The property is positioned with an Aldi grocery store directly across the street, and Wal-Mart, Home Depot, and Lowe’s are less than a mile away. The corridor sees 36,000 cars per day, supporting retail and customer-facing operations.
This is a strong option for tenants seeking a retail-first footprint with back-of-house and yard/loading capability in one site.
Key Highlights
- 18,750 SF building with 15,000 SF showroom and 2,800 SF warehouse
- 165 feet of frontage along US‑90/Mobile Highway with 36,000 cars per day
- 4,900 SF fenced yard with loading dock and 10x10 roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$211,916
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,238,320
$4.2M
Cap Rate 7%
$3,027,371
$3.0M
Cap Rate 9%
$2,354,622
$2.4M
Market Conditions
NOI Build-Up for 18,750 SF
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.
Gross rent
$337.5K $18.00/SF
− Vacancy
−$34.8K −$1.85/SF
EGI
$302.7K $16.15/SF
− OpEx
−$90.8K −$4.84/SF
NOI
$211.9K $11.30/SF
Area
Escambia County, FL
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,238,320
Cap Rate 7%
$3,027,371
Cap Rate 9%
$2,354,622
Alternative Uses
Best Use
Retail
$3.03M
$2.65M – $3.53M
NOI $211,916 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.50M
$4.82M – $6.42M
NOI $385,201 @ 7.0% cap · market cap 15.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
36,000 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
235k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 37%
Shops & Services 23%
Home Improvements & Furnishings 13%
Groceries 9%
Walmart
Superstores
87,531 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
31,596 visits/mo
0.5 miles
Aldi
Groceries
21,173 visits/mo
0.0 miles
Murphy USA
Shops & Services
14,693 visits/mo
0.4 miles
Cumberland Farms
Shops & Services
13,313 visits/mo
0.1 miles
Demographics for 32506, FL
36,017
Population
16,625
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
88%
High-School Grad
30.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$59,978
Median Household Income
$36,216
Median Earnings
$1,280
Median Rent
$200,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Built in 2005 with a showroom, warehouse space, and a fenced yard with loading dock and roll-up door.
Where is this retail space located?
The property is located at 4825 Mobile Hwy Pensacola, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 18,750 SF building with 15,000 SF showroom and 2,800 SF warehouse; 165 feet of frontage along US‑90/Mobile Highway with 36,000 cars per day; 4,900 SF fenced yard with loading dock and 10x10 roll‑up door
