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Pensacola Office/Medical Building For Sale

4850 N 9th Ave, Pensacola, FL 32503

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For Sale

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Adaptable office/medical space in the heart of Pensacola, Florida.

Type:Office

Property size:

3,586 SF

Price / SF:

$222/SF

HighLights

High‑traffic location on 9th Avenue with excellent visibility.
Versatile office/medical building suitable for a range of professional needs.
Five spacious, private offices.
Over 20 parking spaces.
Flexible layout for seamless workflow.
Second story provides additional storage or office space.

We can help!

Listing Contact

Michael Carro

For Sale

Contact for pricing

Adaptable office/medical space in the heart of Pensacola, Florida.

Type:Office

Property size:

3,586 SF

Price / SF:

$222/SF

Added:: Oct 30, 2024
Days on Market:: 589
Last Refresh:: May 12 at 8:56 pm

Property Features for 4850 N 9th Ave

General Information

Standard status: Active
Size: 3,586 SF
Property subtype: Office

Building Details

Year Built: 1979

We can help!

Listing Contact

Michael Carro

Listing agent Michael Carro License #AL 000093777

Listing office SVN | SouthLand Commercial Pensacola

Listing date Oct 30, 2024

Source Crexi

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 SVN | SouthLand Commercial Pensacola

HighLights

High‑traffic location on 9th Avenue with excellent visibility.
Versatile office/medical building suitable for a range of professional needs.
Five spacious, private offices.
Over 20 parking spaces.
Flexible layout for seamless workflow.
Second story provides additional storage or office space.

Overview

This versatile office/medical building is available for sale. Situated on Pensacola’s high-traffic 9th Avenue, the property benefits from excellent visibility. The property features five spacious, private offices designed to support a range of professional and medical needs. A flexible layout allows for seamless workflow, while the second story provides additional storage or office space. The building has over 20 parking spaces. The property offers a well-located, adaptable space in the heart of Pensacola, FL. The property size is 3,586 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$89.9k	$25.08
− Vacancy	−$9.3k	−$2.59
EGI	$80.6k	$22.49
− OpEx	−$20.2k	−$5.62
NOI	$60.5k	$16.87

3,586 SF · lease $25.08/SF/yr · vacancy 10.34% · expense 25.00%

Alternative Uses

Best Use

Office B

$864.0K

$756.0K – $1.01M (±1% cap)

NOI $60,478 @ 7.0% cap · market cap 7.57%

Second Best

Healthcare Medical

$691.2K

$604.8K – $806.4K (±1% cap)

NOI $48,382 @ 7.0% cap · market cap 6.06%

Theoretical Best

Office A

$1.05M

$920.9K – $1.23M (±1% cap)

NOI $73,671 @ 7.0% cap · market cap 9.22%

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

Property Profile Location Intelligence

Current Use by Public Records

Rachael Mcgehee Dental Office Upperline Foot and Ankle: ... Physician Mark Sabol Greskovich Dental Office Brett Thomas Laggan Dental Office 9th Avenue Dental ... Dental Office

Suggested Use

Similar Places Nearby

Dr. D. Bordelon, DVM, DACVECC — 4800 N Davis Hwy, Pensacola, FL 32503
Burton Melissa DVM — 5001 N 12th Ave, Pensacola, FL 32504
Goett Scott DVM — 4800 N Davis Hwy, Pensacola, FL 32503
The Veterinary Emergency Referral Center — 4800 N Davis Hwy, Pensacola, FL 32503
Diaz Debra DVM — 5001 n 12th ave, pensacola, fl 32504

Location Insight

Map
Local Demand

City: Pensacola
County: Escambia
State: Florida
Longitude: -87.2123549
Latitude: 30.4695533

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For sale
Medical Office Space
FL
Pensacola
32503
4850 N 9th Ave

What type of property is this?

Medical Office Space - Adaptable office/medical space in the heart of Pensacola, Florida.

Where is this medical office space located?

The property is located at 4850 N 9th Ave Pensacola, FL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: High‑traffic location on 9th Avenue with excellent visibility.; Versatile office/medical building suitable for a range of professional needs.; Five spacious, private offices.