Property profile

3380 Bill Metzger Ln Pensacola, FL 32514

OFF-MARKET
Flex space
Property ID
US19-0625949
47,082 SF 5.02 ac lot Built 1993
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This 41,500-square-foot warehouse and office facility is located in Ellyson Industrial Park in Pensacola, Florida. The industrial portion features high ceilings, reinforced flooring, and multiple loading docks along with grade-level doors to support shipping and receiving operations. A substantial paved outdoor lay-down area is included for additional storage and materials handling. The office portion is configured for administrative use, with flexible layout areas, ample natural light, and modern finishes for meetings and employee-related functions. The property is situated within an industrial park setting with access to major transportation routes and includes on-site parking for staff and delivery vehicles. It is zoned for industrial use.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1993
Construction TYPE NOT SPECIFIED
Total area 47,082 SF
Lot 5.02 ac (218,671 SF)
Zoning code HC/LI
APN 03-1S-29-1002-000-013
UPID US19-0625949

Cap rate & NOI

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

Location

3380 Bill Metzger Ln Pensacola, FL 32514-7069
Pensacola metro Census 3511 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.00M
Blend (final) Blend
$5.01M

Owner & transaction history

since 2019
3 recorded transactions
2019
$725,500
2008
$1.5M
2008
$1.5M

Zoning & alternative use

HC/LI · Pensacola, FL
Top alternative use upside
Neighborhood: shopping center $7.3M +30.0%
Auto repair, garage $6.6M +18.5%
Office building $6.5M +15.7%

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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