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    3000 Langley Ave Pensacola, FL 32504

    For Sale
    $720,000

    Pensacola Office, 6.53% Cap Rate

    Property size:
    6,704 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a two-story, 3,200 square foot office building situated on a 1.45-acre lot at 3000 Langley Ave, Pensacola, FL 32504. The property, classified as a Class B, features a brand new five-year net lease with a tenant experiencing consistent growth since 2015, yielding a compelling 6.53% cap rate and a $46,984 NOI. The building boasts a 100% occupancy rate and benefits from recent renovations completed in 2021, creating a modern and attractive workspace. Significant upgrades include a new roof (2020) and HVAC system replacements (2019 & 2022), minimizing future capital expenditure needs. Ample parking is available with 42 spaces, and signage opportunities exist. The property is zoned HDMU and includes a total of 6,704 square feet, with the rentable area comprising 3,200 square feet, priced at $225 per square foot. The asking price is $720,000. This multi-tenant building, constructed in 1985, offers a rare opportunity to acquire high-quality office space in a limited submarket. Detailed operating statements are available upon request.

    Property Features for 3000 Langley Ave

    General Information

    Property type
    Medical offices
    Square Feet
    6,704 SF
    Class
    B
    Lot Size
    63,162 SF

    Building Details

    Year Built/Renovated
    1985/2021
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • 3,200 SF Class B office building on a 1.45‑acre lot.
    • New 5‑year net lease with a 6.53% cap rate and $46,984 NOI.
    • Established tenant with consistent growth since 2015, resulting in 100% occupancy.
    • Recently renovated (2021) with new roof (2020) and HVAC (2019 & 2022).
    • Ample parking (42 spaces) and signage opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Speck Endodontics of Florida Endodontist Iron Horse Wealth ... Financial Planner Ara Notary and Tax ... Notary Public FWC Medical Centers Medical Office Soundside Divorce Planning Financial Planner

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.1863451
    Latitude
    30.4880133

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    FAQs

    What type of property is this?
    Medical office - Pensacola Office, 6.53% Cap Rate
    Where is this medical office located?
    The property is located at 3000 Langley Ave Pensacola, FL.
    What is the asking price?
    The asking price for this property is $720,000.
    What are key features of this property?
    This property features: 3,200 SF Class B office building on a 1.45-acre lot.; New 5-year net lease with a 6.53% cap rate and $46,984 NOI.; Established tenant with consistent growth since 2015, resulting in 100% occupancy.
    Request Owner's contact information
    3000 Langley Ave Pensacola, FL 32504
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    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
    3000 Langley Ave Pensacola, FL 32504
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