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Single-Unit Office Building
For Sale
$600,000

6002 Pernella Rd, Pensacola, FL 32504

Single-unit office building built in 1964 and zoned HC/LI in Pensacola.

Property Size2,220 SF
Lot Size1.50 Acres
Price / SF$270.27
Days on Market119

Property Features for 6002 Pernella Rd

General Information

Standard status Active
Size 2,220 SF
Lot size 1.50 Acres
Property subtype Land
Zoning HC/LI

Additional Details

Office Units 1

Building Details

Year Built 1964
Listing Agency: Beau Box Florida LLC
Listed By: Rick Appleyard
Source: Beaubox
Added: Jun 25 Changed: Oct 3 Last Checked: Oct 20 at 7:35PM

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 Beau Box Florida LLC

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Investment Insights

Based on property information with market context.

This single-unit office building totals 2,220 square feet and was built in 1964. The property is presented for office use and is described as well-maintained.

The building is located in Pensacola and is zoned HC/LI.

With its one-unit configuration, the property offers a straightforward footprint for an office tenant or investor seeking a compact office asset.

Key Highlights

  • 2,220 SF single‑unit office building built in 1964
  • Zoned HC/LI
  • Single‑unit layout suited for office use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,440
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$748,800 $748.8K
Cap Rate 7%
$534,857 $534.9K
Cap Rate 9%
$416,000 $416.0K
Market Conditions
NOI Build-Up for 2,220 SF
Gross rent
$55.7K $25.08/SF
− Vacancy
−$5.8K −$2.59/SF
EGI
$49.9K $22.49/SF
− OpEx
−$12.5K −$5.62/SF
NOI
$37.4K $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%
$748,800
Cap Rate 7%
$534,857
Cap Rate 9%
$416,000

Alternative Uses

Best Use
Office B
$534.9K
$468.0K – $624.0K (±1% cap)
NOI $37,440 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$651.5K
$570.1K – $760.1K (±1% cap)
NOI $45,608 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Hair Salon Building Supply Auto Repair Shop

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

1
Office units

Location Intelligence

Trade Area within ½ mile

167
Businesses Nearby

Demographics for 32504, FL

21,791
Population
10,436
Households
2.1
Avg Household Size
43
Median Age
41%
College-Educated
92%
High-School Grad
10.5 sq mi
ZIP Area
2,075
Density / Sq Mi
$74,067
Median Household Income
$41,990
Median Earnings
$1,257
Median Rent
$242,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Single-unit office building built in 1964 and zoned HC/LI in Pensacola.
Where is this office building located?
The property is located at 6002 Pernella Rd Pensacola, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2,220 SF single‑unit office building built in 1964; Zoned HC/LI; Single‑unit layout suited for office use
More about this property
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