2370 N Palafox St Pensacola, FL 32501
For Lease
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This exceptional Pensacola industrial property offers over 25,000 square feet of warehouse space, perfectly suited for various manufacturing, distribution, or warehousing needs. Strategically located for easy access to I-110, less than half a mile away, ensuring efficient transportation and logistics. The unit boasts a flexible layout with varying ceiling heights: 18 feet in approximately half the space and 14 feet in the remainder. Access is convenient with three roll-up doors: one 14'x14' grade-level door, one 9'x14' roll-up door with a dock well, and a 17'x14' grade-level door. On-site amenities include two offices and a restroom. Recent upgrades enhance the property's value, including a new roof or new roof coatings, fresh exterior paint, energy-efficient LED lighting, and a recently sealed parking lot. The property also features a fully gated yard shared with other tenants, with approximately half an acre potentially dedicated to this unit. Available August 24, 2024. Zoned C-3. The property is comprised of one suite within a larger complex. Please note that the minimum divisible square footage is 25,349 square feet. Two months free rent is currently being offered.
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Monix Studio Film Production Television Studio
The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial or high intensity commercial uses. Conventional residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed u…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Pensacola, FLThe commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial or high intensity commercial uses. Conventional residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed use development.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
