Property profile

2370 N Palafox St Pensacola, FL 32501

FOR LEASE
Showrooms
Property ID
US18-3086359
3,034 SF 2.18 ac lot Built 1945
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 25,349-square-foot warehouse facility in Pensacola, Florida, featuring eave heights of approximately 18 feet and 15 feet. The unit is accessed by three roll-up doors: one 14' x 14' grade-level door, one 9' x 14' door served by a dock well, and one 17' x 14' grade-level door. Interior amenities include two offices and a restroom. The building has undergone recent exterior and systems improvements, including a roof replacement or roof coatings, fresh exterior paint, energy-efficient LED lighting, and a sealed parking lot. The property includes a fully gated yard shared with other tenants, with approximately half an acre potentially allocated to the unit, and it is positioned for convenient access to I-110. The space is configured for a net lease structure (NNN).

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1945
Construction STEEL FRAME
Total area 3,034 SF
Lot 2.18 ac (94,782 SF)
Zoning code C-3
APN 00-0S-00-9010-001-136
UPID US18-3086359

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Coworking & Hybrid Office
  • Building Supply Big Box & Wholesale Store
  • Marketing & Advertising Advertising Agency
  • Photography Service (Bike/Boat/Book/etc) Store
  • Film Production Television Studio

Location

2370 N Palafox St Pensacola, FL 32501
Pensacola metro Census 1600 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.39M

Owner & transaction history

since 2022
Last sale
$1.6M
3 recorded transactions
2022
$1.6M
2019
Price N/A
1969
Price N/A

Zoning & alternative use

C-3 · Pensacola, FL
Zoning description

The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial or high intensity commercial uses. Conventional resid…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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