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Property profile & analytics
FOR LEASE
Office buildings

25 W Cedar St Pensacola, FL 32502

82,180 SF 0.46 ac lot Built 1986
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US18-0853402
Property summary
AI-generated overview

This exceptional Class A office building, located in the heart of Downtown Pensacola, offers unparalleled waterfront views of Pensacola Bay, Palafox Pier Marina, and Plaza de Luna Park. The Harbourview on the Bay building comprises approximately 69,000 square feet of commercial office space, distributed across six floors in a single building. Two high-speed elevators service all floors. Currently, two contiguous office spaces are available, totaling 13,070 square feet (4,804 sq ft on the first floor and 8,266 sq ft on the mezzanine level). This space will be available in April 2024 and includes electricity. The building features a large covered parking garage and shared bathrooms on each floor. Its prime downtown location provides easy access to a vibrant array of restaurants, shops, entertainment venues, including the Blue Wahoo Stadium, and the theatre and arts district. This is a rare opportunity to secure space in one of the most desirable and sought-after locations in Pensacola. The property is conveniently situated near Cedar and Palafox Streets, in Escambia County (APN: 000S009100010025). This is the last available space in this prestigious building.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction CONCRETE
Total area 82,180 SF
Lot 0.46 ac (19,934 SF)
Zoning code WRD
APN 00-0S-00-9100-002-034
UPID US18-0853402
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
  • Hometown Properties of the Gulf Coast Property Management Company Real Estate Agency
  • NOLA Lending Group, Cody Wood Loan Service Bank
  • HDR Construction Company
  • Ch2m Pensacola Civil Engineer
  • Flores & Flores, P.A. Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$12.29M
Blend (final) Blend
$12.29M
Owner & transaction history
Circle K Stores INC · 5 yrs held
Circle K Stores INC
since 2020
4 recorded transactions
2020
$143
2019
Price N/A
2016
$9.8M
1969
Price N/A
Zoning & alternative use
WRD · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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