2370 Palafox St Pensacola, FL 32501
- Showrooms
- 3,034 SF
- 2.18 lot acres
Current Use by Public Records
- Bare Hand Collective / Coworking Space
- AMD Supply LLC / Aluminum Supplier / Aluminum Window
- PressBox / Graphic Designer / Screen Printer
- Blake Jones Photo LLC. / Photographer
- Monix Studio / Video Production Service / Photography Studio
Property Details for 2370 Palafox St
- Year built
- 1945
- Construction
- STEEL FRAME
- Lot size
- 2.18 lot acres
- Property size
- 3,034 SF
- Zone code
- C-3
- Property type
- Showrooms
- APN
- 00-0S-00-9010-001-136
- APU
- 000S009010001136
Description
This exceptional Pensacola industrial property offers over 25,000 square feet of warehouse space, perfectly suited for various manufacturing, distribution, or warehousing needs. Strategically located for easy access to I-110, less than half a mile away, ensuring efficient transportation and logistics. The unit boasts a flexible layout with varying ceiling heights: 18 feet in approximately half the space and 14 feet in the remainder. Access is convenient with three roll-up doors: one 14'x14' grade-level door, one 9'x14' roll-up door with a dock well, and a 17'x14' grade-level door. On-site amenities include two offices and a restroom. Recent upgrades enhance the property's value, including a new roof or new roof coatings, fresh exterior paint, energy-efficient LED lighting, and a recently sealed parking lot. The property also features a fully gated yard shared with other tenants, with approximately half an acre potentially dedicated to this unit. Available August 24, 2024. Zoned C-3. The property is comprised of one suite within a larger complex. Please note that the minimum divisible square footage is 25,349 square feet. Two months free rent is currently being offered.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,390,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,470,000
- 6.5%
- $1,550,000
- 7%
- $1,690,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,395,000
- Geo Method
- $1,380,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,805,000
- Retail
- $1,485,000
- Mixed-Use
- $1,805,000
- Hospitality
- $1,910,000
- Educational
- $1,480,000
- Residential Income
- $1,590,000
- Energy
- $1,890,000
- Income-Based Land
- $1,580,000
- Food Service
- $1,420,000
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2201
- Latitude
- 30.4361
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
