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Two-Story Flex Space With Yard
For Sale
$680,000

6900 W Fairfield Dr, Pensacola, FL 32506

Professional offices pair with contractor storage, workshop space, and a fenced rear lot.

Property Size3,792 SF
Lot Size1.80 Acres
Days on Market50

Property Features for 6900 W Fairfield Dr

General Information

Standard status Active
Size 3,792 SF
Class C
Lot size 1.80 Acres
Property subtype Office
Zoning HDMU

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Amenities

breakroom

Building Details

Building Size 3,792 SF
Year Built 1970
Buildings 1
Stories 2
Listing Agency: Bellcore Commercial LLC
Listed By: Melissa Simpson, CCIM · License #FL #BK3338591
Source: Bellcorecommercial
Added: Aug 28 Changed: Oct 6 Last Checked: Oct 16 at 5:49AM

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 Bellcore Commercial LLC

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Investment Insights

Based on property information with market context.

Located at 6900 W Fairfield Dr in Pensacola, this freestanding flex property combines a two-story office building with contractor-oriented storage and work areas. The first floor includes a reception area, waiting space, private offices, and a breakroom. Equipment storage and a workshop occupy the lower level, creating separation between administrative and operational functions.

The 1.8-acre site includes a fenced rear laydown area and a wraparound drive supporting loading and unloading behind the building. Two large carport structures accommodate work vehicles, vans, and trucks. The property is zoned HDMU and sits between Mobile Hwy and Hwy 98. An adjoining property to the west is also available for purchase.

Key Highlights

  • 1.8‑acre site with fenced rear laydown area
  • Two‑story building with professional office layout
  • Lower‑level contractor equipment storage and workshop

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,961
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,220 $859.2K
Cap Rate 7%
$613,729 $613.7K
Cap Rate 9%
$477,344 $477.3K
Market Conditions
NOI Build-Up for 3,792 SF
Gross rent
$73.7K $19.44/SF
− Vacancy
−$7.6K −$2.01/SF
EGI
$66.1K $17.43/SF
− OpEx
−$23.1K −$6.10/SF
NOI
$43.0K $11.33/SF
Area
Escambia County, FL
Vacancy
10.34%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$859,220
Cap Rate 7%
$613,729
Cap Rate 9%
$477,344

Alternative Uses

Best Use
Office B
$913.6K
$799.4K – $1.07M (±1% cap)
NOI $63,952 @ 7.0% cap · market cap 9.40%
Second Best
Flex RnD
$613.7K
$537.0K – $716.0K (±1% cap)
NOI $42,961 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$1.11M
$973.8K – $1.30M (±1% cap)
NOI $77,903 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Electrical Service-Pensacola Electrical Service

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby
Under-served
Demand for This Use

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 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?
Flex space - Professional offices pair with contractor storage, workshop space, and a fenced rear lot.
Where is this flex space located?
The property is located at 6900 W Fairfield Dr Pensacola, FL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 1.8‑acre site with fenced rear laydown area; Two‑story building with professional office layout; Lower‑level contractor equipment storage and workshop
More about this property
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