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    Value-Add Commercial Property For Sale
    Updated: Mar 6
    Value-Add Commercial Property For Sale

    1620 W Cervantes St, Pensacola, FL 32501

    $998,000
    11,989 sqft 1.25 AC lot
    Value‑add commercial property priced to sell at $63.75/SF.
    Includes a large 11,989± SF retail building ready for redevelopment and a 3,600± SF warehouse.
    Retail building can be divided into up to seven individual suites, with sewer already in place.
    Warehouse features 20‑foot clear heights, a grade‑level roll‑up door, and a dock‑high loading door.
    Located on 1.25± acres in a busy east‑west corridor with an AADT of 15,900.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1620 W Cervantes St, Pensacola, FL 32501

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $92K
      Annual

    • Mortgage

      $574K
      Dec 2024

    • Property Type

      Service Shop
      Built 1948
    View Property Analytics
    Development Land with Two Entrances
    Updated: Jul 13, 2024
    Development Land with Two Entrances

    9200 Fowler Ave, Pensacola, FL 32534

    $2,400,000
    11.00 AC lot
    11‑acre property with significant development potential due to split zoning.
    8 acres zoned for High‑Density Mixed‑Use, allowing up to 25 units per acre.**
    3 acres zoned Heavy Commercial/Light Industrial, suitable for various businesses or multi‑family housing.
    Excellent connectivity with proximity to Highway 90, US 29, Interstate 10, and Interstate 110.
    Existing leases provide a diverse income stream: $2,500/month (warehouse), $800/month (residence), and $2,900/month (vacant property with storage).
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    Mixed-Use Investment Opportunity
    Mixed-Use Investment Opportunity

    1417 W Cervantes St, Pensacola, FL 32501

    $1,295,000
    14,394 sqft

    Mixed-use property with retail and warehouse components in Pensacola, FL.

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    Functional Warehouse in Industrial District
    Functional Warehouse in Industrial District

    3603 N Q St, Pensacola, FL 32505

    $585,000
    4,776 sqft 0.32 AC lot

    4,776 SF warehouse ideal for owner-users or investors.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Functional Warehouse in Established District
    Functional Warehouse in Established District

    3603 N Q St, Pensacola, FL 32505

    $585,000
    4,776 sqft 0.32 AC lot

    4,776 SF warehouse ideal for owner-user or investment.

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    Pensacola Warehouse with Fenced Yard
    Pensacola Warehouse with Fenced Yard

    2807 West Gadsden Street, Pensacola, FL 32505

    $269,000
    2,235 sqft 0.15 AC lot

    2,235 SF warehouse in Pensacola, suitable for various operations.

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    Downtown Pensacola Industrial Opportunity
    Downtown Pensacola Industrial Opportunity

    333 North 14th Avenue, Pensacola, FL 32501

    Contact for pricing
    26,364 sqft 1.20 AC lot

    Prime industrial property in Downtown Pensacola, suitable for various uses.

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    12,300 SF-Retail/WH For Sale
    12,300 SF-Retail/WH For Sale

    2520 W Cervantes St, Pensacola, FL 32505

    $650,000
    12,300 sqft 0.99 AC lot

    12,300 SF-Retail/WH For Sale

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    6,098 SF RETAIL STOREFRONT & Warehouse For Sale
    6,098 SF RETAIL STOREFRONT & Warehouse For Sale

    2500 N E St, Pensacola, FL 32501

    $1,000,000
    6,098 sqft 0.14 AC lot

    6,098 SF RETAIL STOREFRONT & Warehouse For Sale

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    1,761 SF PRIME ACREAGE IN THE HEART OF PENSACOLA’S FUTURE GROWTH CORRIDOR For Sale
    1,761 SF PRIME ACREAGE IN THE HEART OF PENSACOLA’S FUTURE GROWTH CORRIDOR For Sale

    9200 Bowman Avenue, Pensacola, FL 32534

    $860,000
    1,761 sqft 4.30 AC lot

    1,761 SF PRIME ACREAGE IN THE HEART OF PENSACOLA’S FUTURE GROWTH CORRIDOR For Sale

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    Commercial Warehouse and Office Space
    Commercial Warehouse and Office Space

    1322 N 61st Ave, Pensacola, FL

    Contact for pricing
    3,733 sqft 0.26 AC lot

    Freestanding warehouse/office with high visibility and recent updates.

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    7,000 SF Warehouse/Retail For Sale
    7,000 SF Warehouse/Retail For Sale

    2200 N W St, Pensacola, FL 32505

    $380,000
    7,000 sqft 0.32 AC lot

    7,000 SF Warehouse/Retail For Sale

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    5,500 SF Industrial Building For Sale
    5,500 SF Industrial Building For Sale

    2525 Truman Ave, Pensacola, FL 32505

    $419,000
    5,500 sqft 0.51 AC lot

    5,500 SF Industrial Building For Sale

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    Standalone Warehouse with Fenced Yard
    Standalone Warehouse with Fenced Yard

    2807 W Gadsden St, Pensacola, FL

    Contact for pricing
    1,444 sqft 0.15 AC lot

    Standalone warehouse with workrooms and fenced lay-down yard for sale.

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    Divisible Warehouse Space For Rent
    Divisible Warehouse Space For Rent

    2200 N W St, Pensacola, FL

    Contact for pricing
    5,000 sqft 0.32 AC lot

    Divisible warehouse space available, from 1,250 to 5,000 square feet.

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    Convenient Store with Warehouse
    Convenient Store with Warehouse

    2500 N E St, Pensacola, FL 32501

    Contact for pricing
    5,594 sqft

    Corner store with warehouse, yard, and equipment included.

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    46,043 SF North Pensacola Commercial/Industrial For Sale
    46,043 SF North Pensacola Commercial/Industrial For Sale

    2716 Copter Rd, Pensacola, FL 32514

    $325,000
    46,043 sqft 1.06 AC lot

    46,043 SF North Pensacola Commercial/Industrial For Sale

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    Business for Sale, Retail
    Business for Sale, Retail

    3206 E De Soto St, Pensacola, FL 32503

    Contact for pricing
    5,832 sqft

    Conventional restaurants · 5,832 SF

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    Industrial Warehouse Complex For Sale
    Industrial Warehouse Complex For Sale

    257 Amber St, Pensacola, FL 32503

    Contact for pricing
    142,234 sqft 9.00 AC lot

    Fully leased industrial warehouse complex on over 9 acres.

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    Retail, Showroom, and Warehouse Space
    Retail, Showroom, and Warehouse Space

    5600 N Davis Hwy, Pensacola, FL

    Contact for pricing
    34,500 sqft 2.31 AC lot

    Two buildings with retail, showroom, office, and warehouse space.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Pensacola, FL, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

    Off-Market Properties in Pensacola, FL

    Consider similar Off-Market properties in Pensacola, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8810 Ely Rd
    LUMBERYARD, BUILDING MATERIALS

    8810 Ely Rd, Pensacola, FL 32514-7012

    $700,000
    Estimated value
    7,192 sqft 2.36 AC lot
    View details
    607 Hope Dr
    HEAVY INDUSTRIAL

    607 Hope Dr, Pensacola, FL 32534-4215

    $2,265,000
    Estimated value
    4,765 sqft 1.27 AC lot
    View details
    650 Hope Dr
    HEAVY INDUSTRIAL

    650 Hope Dr, Pensacola, FL 32534

    $2,265,000
    Estimated value
    9,024 sqft 0.57 AC lot
    View details
    605 Hope Dr
    HEAVY INDUSTRIAL

    605 Hope Dr, Pensacola, FL 32534-4215

    $2,265,000
    Estimated value
    8,869 sqft 1.09 AC lot
    View details

    Pensacola, FL Other Industrial Properties Market Trends and Statistics

    Explore 70 other industrial properties for sale in Pensacola, FL, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 341,573 square feet of properties for sale, with an estimated market value of $9,766,000.

    Sale prices for other industrial properties in Pensacola, FL start at $269,000, averaging $813,833, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 86
    Manufacturing properties 9
    Research & development properties 8
    Distribution centers 7
    Breweries 1

    Demographics Overview

    Population 274K
    Population Growth (5Y) +3.5%
    Median Household Income $63,536
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

    Identify Pensacola submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32514 $325K
    32505 $481.3K
    32501 $1.1M
    32534 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.37%
    Property Tax per SF $27.59 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Escambia County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Pensacola fall within the 50,000 to 100,000 square foot range.

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