8285 Palafox St Pensacola, FL 32534
- Auto shops
- 8,298 SF
- 2.12 lot acres
Current Use by Public Records
- Palafox North / Boat Storage Facility / Storage Facility
- Ari's Myofascial Release and Wellness LLC / Massage Therapist
Property Details for 8285 Palafox St
- Year built
- 1986
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 2.12 lot acres
- Property size
- 8,298 SF
- Zone code
- HC/LI,MDR
- Property type
- Auto shops
- APN
- 21-1S-30-1101-004-058
- APU
- 211S301101004058
Description
This Pensacola, FL property offers 6,000 square feet of versatile commercial space, ideal for a variety of businesses. Two buildings, each one story, feature a total of two suites, with a minimum divisible space of 272 square feet and a maximum contiguous space of 6,000 square feet. The property boasts a 2019 renovation, showcasing a contemporary design with updated fixtures and cabinetry in common areas. Tenants enjoy 10-foot ceilings and ample natural light. The 0.55-acre site (part of a larger 2.17-acre tract) provides 20 parking spaces, with potential for covered parking. Located at 8285 N Palafox St, Pensacola, FL 32534, this property benefits from 192.75 feet of frontage on Palafox Street, with parking at the front, side, and rear. The HC/LI zoning allows for a wide range of commercial and light industrial uses, making it suitable for businesses such as plumbing, electrical, or fleet maintenance companies. Suite 1, a fully furnished large open suite, is currently available and includes internet, Wi-Fi, security, and 24-hour surveillance. The secure rear lot offers ample space for fleet trucks, up to 18-wheelers, providing additional storage options. This fully developed commercial property presents a unique opportunity for businesses seeking flexible and well-appointed office space in a prime Pensacola location. The property includes two buildings on a lot sized between 0.25 and 2.17 acres.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $575,000
- 6.5%
- $550,000
- 7%
- $515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $655,000
- Geo Method
- $670,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $595,000
- Retail
- $670,000
- Mixed-Use
- $670,000
- Hospitality
- $550,000
- Educational
- $570,000
- Residential Income
- $570,000
- Energy
- $735,000
- Income-Based Land
- $540,000
- Food Service
- $670,000
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.265
- Latitude
- 30.5147
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
