5406 Lillian Hwy Pensacola, FL 32506
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Myrtle Grove Head Start and Early Head Start Center / High School / Daycare Center
- Myrtle Grove Family Advocate / Charitable Organization / Social Service Agency
Property Details for 5406 Lillian Hwy
- Lot size
- 1.00 lot acres
- Property size
- 3,496 SF
- Property type
- Office properties & Spaces
Description
This 3,496 square foot office building, located at 5406 Lillian Highway, presents a unique opportunity for a prospective tenant. The property sits on one acre of land and is classified as a Class C building. Currently, the entire space (3,496 square feet) is vacant and available for lease. The building's previous use was as a YMCA, resulting in a mostly open floor plan. Existing features include an office, storage area, and restrooms. However, the property requires some renovations. Specifically, the building needs new wiring and plumbing repairs, along with other unspecified work. For a qualified tenant, the owner is willing to undertake these necessary repairs and incorporate the cost into the lease terms through amortization. This presents a chance to acquire a sizable office space at a potentially advantageous price point, considering the owner's willingness to contribute to renovations. The flexible layout allows for customization to suit a variety of business needs. The one-acre lot offers ample space for parking or future expansion. This property is ideal for a business seeking a large, adaptable space with potential for significant cost savings through negotiated renovations. Serious inquiries are encouraged.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2911
- Latitude
- 30.4267
