Palafox St Pensacola, FL 32503
- Office Properties & Spaces
- 2,600 SF
- 1.40 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 0 Palafox St
- Lot size
- 1.40 lot acres
- Property size
- 2,600 SF
- Property type
- Office Properties & Spaces
Description
This exceptional business opportunity presents a well-established car lot in Pensacola, Florida, listed at $1,400,000. The property boasts a substantial 2,600 square foot office building situated on a 1.4-acre commercially zoned lot. A significant asset is the existing inventory, typically valued between $250,000 and $500,000, which fluctuates daily. Furthermore, a considerable amount of money is tied up in current collections from weekly payments, providing immediate revenue potential for the new owner. The property includes a covered work area, adding to its functionality and operational efficiency. Located on N Palafox St, in Escambia County, zip code 32503, this property offers a prime location in Pensacola, FL. The price per square foot is $538.46, reflecting the value of the established business, inventory, and land. This turnkey operation presents a unique opportunity for an investor seeking a profitable and established business with significant growth potential. The property's size and location make it ideal for continued operation as a car lot or potential redevelopment given its commercial zoning. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2399
- Latitude
- 30.4604
