4021 North St Pensacola, FL 32505
This single-tenant warehouse, situated in Escambia County, offers 4,510 square feet of versatile space. Built in 1987, the one-story building sits on a 0.4-acre lot and is zoned HC/LI, presenting significant potential for various uses. Currently configured as a retail space with a deli and beauty supply, the property includes a manager's office with an ensuite bathroom, a standard restroom, and a storage room. Ample parking is available with 15 spaces. The property's existing setup offers immediate income potential, while its zoning allows for diverse redevelopment options, such as conversion into a drive-thru restaurant. The asking price for the goodwill is $249,000, with inventory sold separately. The annual rent is $8,000 per month, NNN. This high-traffic location presents a unique opportunity for investors and entrepreneurs seeking a versatile commercial property in a prime Escambia County location. No elevators are present. The property consists of one building.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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