Fenced Flex Space with
For Sale
Contact for pricing
8506 Gulf Beach Hwy, Pensacola, FL 32507
Office and heated, cooled garage areas support storage, meetings, and small-business operations.
Property Size1,025 SF
Price / SF$291.71
Days on Market119
Property Features for 8506 Gulf Beach Hwy
General Information
Standard status
Active
Size
1,025 SF
Property subtype
OFFICE
Warehouse & Industrial
Office Build-Out
1,025 SF
Drive-In Doors
2
Conditioned Warehouse
Yes
Additional Details
Fenced Yard
Yes
Amenities
conference area
kitchen
Listing Agency:
The Realty Vault
(850) 232-2335
Listed By:
Randy Bricker
(850) 232-2335
Source:
Moodyscre
Added: Apr 7
Changed: Jul 31
Last Checked: Aug 2 at 6:26AM
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 The Realty Vault
Investment Insights
Based on property information with market context.
This flex space includes 1,025 square feet of office space and more than 1,000 square feet of heated and cooled garage space. The office area features two offices, a large conference area, a kitchen, a small dining area, and a half bath. The garage includes two-car and single-car garage doors, along with storage bins for parts and materials.
The property is entirely fenced and includes two storage sheds. Its combination of office, garage, storage, and meeting areas provides a practical configuration for a small business requiring both administrative space and enclosed work or storage areas.
The property is entirely fenced and includes two storage sheds. Its combination of office, garage, storage, and meeting areas provides a practical configuration for a small business requiring both administrative space and enclosed work or storage areas.
Key Highlights
- 1,025 square feet of office space
- More than 1,000 square feet of heated and cooled garage space
- Two offices and a large conference area
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.7k | $25.08 |
| − Vacancy | −$2.7k | −$2.59 |
| EGI | $23.0k | $22.49 |
| − OpEx | −$5.8k | −$5.62 |
| NOI | $17.3k | $16.87 |
1,025 SF · lease $25.08/SF/yr · vacancy 10.34% · expense 25.00%
Alternative Uses
Best Use
Office B
$247.0K
$216.1K – $288.1K
NOI $17,287 @ 7.0% cap · market cap 5.78%
Second Best
Flex RnD
$165.9K
$145.2K – $193.6K
NOI $11,613 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$300.8K
$263.2K – $351.0K
NOI $21,058 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32507, FL
31,215
Population
19,131
Households
1.6
Avg Household Size
44
Median Age
32%
College-Educated
91%
High-School Grad
27.9 sq mi
ZIP Area
1,119
Density / Sq Mi
$69,802
Median Household Income
$38,000
Median Earnings
$1,238
Median Rent
$267,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Office and heated, cooled garage areas support storage, meetings, and small-business operations.
Where is this flex space located?
The property is located at 8506 Gulf Beach Hwy Pensacola, FL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,025 square feet of office space; More than 1,000 square feet of heated and cooled garage space; Two offices and a large conference area
