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Manufacturing Workshop with Fenced Yard
For Sale
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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 Market78

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

Building Details

Year Built 1957
Buildings 2
Stories 1
Units 3
Listing Agency: Alliance Real Estate
Listed By: David Wu · License #Florida CQ1055862
Source: Crexi
Added: Aug 10 Changed: Oct 25 Last Checked: Oct 24 at 4:49PM

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

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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.

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 / Yr
$21,855
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
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 (±1% cap)
NOI $79,629 @ 7.0% cap · market cap 22.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Pioneer Iron Works General Contractor

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Restaurant

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

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
(850) 232-8888 Call to check price and availability
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