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    5031 Commerce Park Cir Pensacola, FL 32505

    For Lease
    $14 SF/Yr

    Pensacola, FL: Flexible Industrial/Office Space

    Lot size:
    58,564 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This Pensacola, Florida industrial building, totaling 58,564 square feet, offers a variety of spaces ideal for multiple tenants. Built in 1994 and renovated in 2023, the property features 18,680 square feet of immediately available space, with a minimum divisible unit of 4,639 square feet and a maximum contiguous space of 4,763 square feet. The building boasts a 17'4" ceiling height, three dock-high doors (14' high), and ample parking (2.9 spaces per 1,000 square feet), with expansion potential to the north. Three-phase power is available. Located at 5031 Commerce Park Cir, Pensacola, FL 32505, this property sits on a 7-acre lot and benefits from convenient access to Highway 29 and Interstate-10, making it an excellent location for businesses needing easy access to major transportation routes. The property is zoned HC/LI and offers a flexible layout with 40' column spacing, suitable for various industrial and office uses. The building's executive office, flex, and warehouse subtypes cater to diverse business needs. This is a prime opportunity to secure space in a well-maintained, strategically located industrial building.

    Property Features for 5031 Commerce Park Cir

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,564 SF
    Total Rate
    68324.67

    Building Details

    Year Built/Renovated
    1994/2023

    Unit(s) available at that property

    Space
    Unit 10
    Size
    7,031 SF
    Rate per SF
    $14

    HighLights

    • 58,564 SF industrial building in Pensacola, FL, with 18,680 SF immediately available.
    • Minimum 4,639 SF divisible units, maximum 4,763 SF contiguous space.
    • 17'4" ceiling height, three dock‑high doors (14' high), and ample parking (2.9/1,000 SF).
    • 7‑acre lot, zoned HC/LI, with convenient access to Hwy 29 and I‑10.
    • Three‑phase power, heated and cooled, estimated 120‑day lease delivery.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    General Parts Group Appliance Repair Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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
    -87.2666517
    Latitude
    30.4758221

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    FAQs

    What type of property is this?
    Distribution property - Pensacola, FL: Flexible Industrial/Office Space
    Where is this distribution property located?
    The property is located at 5031 Commerce Park Cir Pensacola, FL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 58,564 SF industrial building in Pensacola, FL, with 18,680 SF immediately available.; Minimum 4,639 SF divisible units, maximum 4,763 SF contiguous space.; 17'4" ceiling height, three dock-high doors (14' high), and ample parking (2.9/1,000 SF).
    Request Owner's contact information
    5031 Commerce Park Cir Pensacola, FL 32505
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    Pensacola, FL 32505
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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
    5031 Commerce Park Cir Pensacola, FL 32505
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