Manufacturing Workshop with Fenced
New
For Sale
Contact for pricing
901 Gulf Beach Hwy, Pensacola, FL 32507
Functional workshop with office and assembly space, equipment, controlled access, and a fenced outdoor work area.
Property Size3,876 SF
Lot Size0.40 Acres
Price / SF$90.30
Days on Market4
Property Features for 901 Gulf Beach Hwy
General Information
Standard status
Active
Size
3,876 SF
Lot size
0.40 Acres
Property subtype
INDUSTRIAL
Zoning
COM
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Listing Agency:
Alliance Real Estate
(850) 232-8888
Listed By:
David Wu · License #14081
(850) 232-8888
Source:
Moodyscre
Added: Aug 8
Changed: Aug 11
Last Checked: Aug 11 at 5:25AM
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 Alliance Real Estate
Investment Insights
Based on property information with market context.
This 3,876-square-foot manufacturing workshop occupies a fenced 0.4-acre lot and was historically used for light industrial work, including welding projects and product assembly. The building includes an office and assembly area served by mini-split AC, while an air compressor and welding air-circulation fan are included with the sale. Outdoor lighting is installed on the building and on two property light poles.
Access is provided from Winthrop Ave. through a remotely operated rolling gate, with an additional front gate connecting to Gulf Beach Highway. The property is zoned COM in the county. An RV included in the sale is connected to power and water and has been used as a restroom and worker rest area.
Access is provided from Winthrop Ave. through a remotely operated rolling gate, with an additional front gate connecting to Gulf Beach Highway. The property is zoned COM in the county. An RV included in the sale is connected to power and water and has been used as a restroom and worker rest area.
Key Highlights
- 3,876‑square‑foot workshop on a fenced 0.4‑acre lot
- Historically used for light industrial work, welding, and product assembly
- COM zoning in the county
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
$21,855
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
6.24%
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%
$437,100
$437.1K
Cap Rate 7%
$312,214
$312.2K
Cap Rate 9%
$242,833
$242.8K
Market Conditions
NOI Build-Up for 3,876 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
$34.9K $9.00/SF
− Vacancy
−$3.7K −$0.95/SF
EGI
$31.2K $8.06/SF
− OpEx
−$9.4K −$2.42/SF
NOI
$21.9K $5.64/SF
Area
Escambia County, FL
Vacancy
10.50%
Lease Rate
$9.00 /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%
$437,100
Cap Rate 7%
$312,214
Cap Rate 9%
$242,833
Alternative Uses
Best Use
Industrial
$312.2K
$273.2K – $364.3K
NOI $21,855 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$995.4K – $1.33M
NOI $79,629 @ 7.0% cap · market cap 22.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Functional workshop with office and assembly space, equipment, controlled access, and a fenced outdoor work area.
Where is this manufacturing property located?
The property is located at 901 Gulf Beach Hwy Pensacola, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,876‑square‑foot workshop on a fenced 0.4‑acre lot; Historically used for light industrial work, welding, and product assembly; COM zoning in the county
