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    OFF-MARKET Estimated value $1,415,000
    Community centers

    12385 Sorrento Rd, Pensacola, FL 32507-8664

    6,050 SF 3 ac lot Built 1997
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US18-4445358
    Property summary
    AI-generated overview

    This exceptional office suite, located within the Sorrento Center at 12385 Sorrento Rd, Pensacola, FL 32507, offers 1,000 square feet of modern workspace. Part of a larger 27,000 square foot, four-building complex built in 2001 and renovated in 2010, this Class B property sits on 2.979 acres of land. The suite features a striking floor-to-ceiling glass storefront, providing abundant natural light. Inside, you'll find a dedicated reception area, three private offices perfect for individual work or meetings, common area restrooms, and convenient storage. The Sorrento Center boasts a high-visibility location at the intersection of Sorrento and Baur Roads, with prominent pylon signage and over 700 feet of frontage. Access is easy via both Bauer Road and Sorrento Road access drives. Ample parking is available for clients and employees, along with convenient on-site trash disposal. The property is zoned HCD and its APN is 213S315000000001. This is a single-story building within a multi-tenant complex, offering a professional and efficient environment for various business needs. The property is located in the Pensacola-Ferry Pass-Brent submarket of Escambia County, Florida. This suite provides a bright, welcoming atmosphere, ideal for businesses seeking a high-profile location with easy access and ample amenities. The property's diverse tenant mix includes medical, business, and spa professionals.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1997
    Construction WOOD
    Total area 6,050 SF
    Lot 3 ac (130,680 SF)
    Zoning code COM
    APN 21-3S-31-5000-000-001
    UPID US18-4445358
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Papadelias L Michael DDS Dental Office
    • Dell Karen Dental Office
    • Fishbein Orthodontics Dental Office
    • Woodfin Cabassa Orthodontics Dental Office
    • Sorrento Dental Care Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.41M
    Blend (final) Blend
    $1.42M
    Owner & transaction history
    Fishbein Properties LLC · 8 yrs held
    Fishbein Properties LLC
    since 2018
    2 recorded transactions
    2018
    $2.5M
    1969
    Zoning & alternative use
    COM · Pensacola, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $1.9M +102.7%
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