2525 Truman Ave Pensacola, FL 32505
- Auto shops
- 3,000 SF
- 0.51 lot acres
Current Use by Public Records
- Auto shops
Property Details for 2525 Truman Ave
- Year built
- 2021
- Lot size
- 0.51 lot acres
- Property size
- 3,000 SF
- Property type
- Auto shops
- APN
- 092S300900162007
Description
This exceptional Pensacola, FL investment opportunity presents a unique blend of commercial and residential properties. The property, located at 2525 Truman Ave, Escambia County, zip code 32505, encompasses a 3,000 square foot auto shop built in 2021, currently vacant, and leased on a NNN basis. The building features three drive-in doors, 12-foot ceilings, and ample on-site parking, including 18-wheeler access. Security measures include surveillance cameras, alarm systems, and coded doors. The 0.51-acre lot is zoned HDMU, offering diverse development potential. Additionally, a fully renovated 2,500 square foot, five-bedroom, two-bathroom brick home is included, currently generating $2,200 monthly rental income on a month-to-month lease. The asking price is $419,000, representing a 10% capitalization rate and a price per square foot of $166.33. The property consists of two buildings, each one story. This prime commercial location provides easy access to major highways. This combined offering presents a compelling investment opportunity with significant income potential and flexibility. The APN is 092S300900162007.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2475479
- Latitude
- 30.4517032
