3620 Barrancas Ave Pensacola, FL 32507
- Community centers
- 8,220 SF
- 1.78 lot acres
Current Use by Public Records
- NUCLEAR INK TATTOO STUDIO / Tattoo Shop
- Smart Homes of NW Florida / Technical Service
Property Details for 3620 Barrancas Ave
- Year built
- 1952
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.78 lot acres
- Property size
- 8,220 SF
- Zone code
- COM
- Property type
- Community centers
- APN
- 50-2S-30-5010-080-016
- APU
- 502S305010080016
Description
This Pensacola, FL property, located at 3620 Barrancas Ave, zip code 32507, offers 8,220 square feet of commercial space in a single-story, 1952-built building situated on 1.78 acres. The property is zoned COMM and features a mix of retail and traditional office space within a neighborhood center setting. Currently, 4,020 square feet is available for lease, with two suites ranging from 900 to 1,560 square feet. The building boasts ample parking, a fully fenced rear area suitable for various uses (lay-down space, additional parking, or ground lease), and benefits from high visibility on Barrancas Avenue, a major commuter route. Its strategic location across from the Pensacola Country Club and surrounded by residential areas provides excellent access to a substantial customer base. The property's proximity to the Pensacola Naval Air Station and downtown Pensacola further enhances its appeal. The property's APN is 502S305010080016 and is part of the Ferry Pass submarket within the Pensacola-Ferry Pass-Brent cluster. This presents a unique opportunity for businesses seeking high-traffic exposure in a well-established neighborhood. The property's multiple tenancy structure offers flexibility for various business types.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $905,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,125,000
- 6.5%
- $1,110,000
- 7%
- $1,055,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,065,000
- Geo Method
- $985,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,115,000
- Retail
- $1,060,000
- Mixed-Use
- $955,000
- Hospitality
- $1,095,000
- Educational
- $1,105,000
- Residential Income
- $1,180,000
- Energy
- $1,110,000
- Income-Based Land
- $1,110,000
- Food Service
- $1,025,000
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2622
- Latitude
- 30.3924
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
