7050 Palafox St Pensacola, FL 32503-7157
- Auto shops
- 1,121 SF
- 0.24 lot acres
Mar 03, 2025
Current Use by Public Records
- Priced Right Auto Sales / Used Car Dealer
Property Details for 7050 Palafox St
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 0.24 lot acres
- Property size
- 1,121 SF
- Zone code
- HDMU
- Property type
- Auto shops
- APN
- 27-1S-30-1201-006-002
- APU
- 271S301201006002
Description
This exceptional investment opportunity presents a vacant, fee-simple owned auto shop located at 7050 N Palafox St, Pensacola, FL 32503. The property, built in 2004, boasts a total of 2,272 square feet across two single-story buildings situated on a half-acre corner lot. The asking price is $350,000, translating to $154.05 per square foot. The property features ample parking with 55 spaces and is zoned HDMU. The existing structure includes a 1,072 square foot sales office complete with a large reception area and two private offices. Additionally, there are two covered repair areas, one equipped with a lift, and a 1,200 square foot shop containing a paint booth. All furniture, fixtures, and equipment—including tools, office computers, and auto analysis equipment—are included in the sale (see attached inventory list). This turnkey operation is conveniently located one block south of Burgess Road, within a cluster of used car lots along Palafox Street. The previous owner is retiring, making this a prime opportunity for a new business to establish itself in a well-established commercial area. The property is currently vacant and ready for immediate occupancy.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $275,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2536
- Latitude
- 30.4951
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
