Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    257 Amber St Pensacola, FL 32503

    For Sale
    $23,500,000

    Class A industrial complex, 100% occupied.

    Property size:
    142,234 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a Class A, multi-tenant industrial warehouse complex located at 257 Amber St, Pensacola, FL 32503, in Escambia County. The property boasts a total of 142,234 square feet across three buildings situated on a 9.6-acre lot (APN: 481S303101000001) zoned HC/LI. Built in 1967 and renovated in 1990, the complex features a main warehouse building of 126,714 square feet constructed of concrete, and two additional metal buildings with roll-up door access. The property offers 10 dock-high doors and a 20-foot ceiling height. Currently 100% occupied by six credit-rated tenants under long-term NNN leases, generating a strong NOI of $881,000 and a 4.00% cap rate. The asking price is $23,500,000 ($177.52 per square foot). This prime location is adjacent to a new hospital at I-110 and Brent Lane, promising significant future growth potential with anticipated development of medical office space and related services in the surrounding area. This is a rare opportunity to acquire a high-performing, well-located industrial asset with substantial upside potential.

    Property Features for 257 Amber St

    General Information

    Property type
    Distribution properties
    Square Feet
    142,234 SF
    Class
    A
    Lot Size
    418,176 SF

    Building Details

    Year Built/Renovated
    1967/1990
    Buildings
    3
    Stories
    1

    HighLights

    • Class A, multi‑tenant industrial warehouse complex totaling 142,234 square feet on a 9.6‑acre lot in Pensacola, FL.
    • Three‑building complex with a 126,714 sq ft main warehouse (concrete) and two smaller metal buildings, featuring 10 dock‑high doors and 20‑foot ceilings.
    • 100% occupied by six credit‑rated tenants with long‑term NNN leases, generating $881,000 NOI and a 4.00% cap rate.
    • Asking price: $23,500,000 ($177.52/SF).
    • Prime location near I‑110 and Brent Lane, adjacent to a new hospital, offering significant growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Emerald Coast Finest ... Grocery Store ATL Cold Storage Storage Facility Hershey's Ice Cream ... Corporate Office Lion Aerospace International ... Aerospace Company King Aero Management ... Aerospace Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2315087
    Latitude
    30.4660917

    Nearby Similar for Sale

    • $950,000

      Turnkey Income Property in Pensacola

      Fully functioning 6-unit income property with high-yield potential.
      2001 N 61St Ave, Pensacola, FL 32506
      View Details
    • New
      $359,900

      Pensacola Duplex with Inground Pool

      Duplex in Pensacola, FL, featuring an inground saltwater pool.
      3781 Nobles St, Pensacola, FL 32514
      View Details
    • $599,900

      Luxury Duplex Near Pristine Beaches

      Upscale duplex investment near beaches with fully furnished units.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details
    • $725,000

      Historic Downtown Pensacola Quadruplex

      Income-producing, furnished quadruplex in Pensacola's historic Old East Hill.
      522 N 7Th Ave, Pensacola, FL 32501
      View Details
    • $590,000
      2,380 SF

      Pensacola Single-Story Home with Pond View

      Four-bedroom home in maritime community with pond and marina access.
      4003 Indigo Dr, Pensacola, FL 32507
      View Details
    • $599,900
      2,440 SF

      Luxury Duplex Near Pristine Beaches

      Luxury duplex investment property with high-end finishes and furnishings.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details

    FAQs

    What type of property is this?
    Distribution property - Class A industrial complex, 100% occupied.
    Where is this distribution property located?
    The property is located at 257 Amber St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $23,500,000.
    What are key features of this property?
    This property features: Class A, multi-tenant industrial warehouse complex totaling 142,234 square feet on a 9.6-acre lot in Pensacola, FL.; Three-building complex with a 126,714 sq ft main warehouse (concrete) and two smaller metal buildings, featuring 10 dock-high doors and 20-foot ceilings.; 100% occupied by six credit-rated tenants with long-term NNN leases, generating $881,000 NOI and a 4.00% cap rate.
    Request Owner's contact information
    257 Amber St Pensacola, FL 32503
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    257 Amber St
    Pensacola, FL 32503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    257 Amber St Pensacola, FL 32503
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.