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    FOR LEASE
    Community centers

    3620 Barrancas Ave, Pensacola, FL 32507

    8,220 SF 1.78 ac lot Built 1952
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US18-1440163
    Property summary
    AI-generated overview

    This Pensacola, FL property, located at 3620 Barrancas Ave, zip code 32507, offers 8,220 square feet of commercial space in a single-story, 1952-built building situated on 1.78 acres. The property is zoned COMM and features a mix of retail and traditional office space within a neighborhood center setting. Currently, 4,020 square feet is available for lease, with two suites ranging from 900 to 1,560 square feet. The building boasts ample parking, a fully fenced rear area suitable for various uses (lay-down space, additional parking, or ground lease), and benefits from high visibility on Barrancas Avenue, a major commuter route. Its strategic location across from the Pensacola Country Club and surrounded by residential areas provides excellent access to a substantial customer base. The property's proximity to the Pensacola Naval Air Station and downtown Pensacola further enhances its appeal. The property's APN is 502S305010080016 and is part of the Ferry Pass submarket within the Pensacola-Ferry Pass-Brent cluster. This presents a unique opportunity for businesses seeking high-traffic exposure in a well-established neighborhood. The property's multiple tenancy structure offers flexibility for various business types.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1952
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 8,220 SF
    Lot 1.78 ac (77,694 SF)
    Zoning code COM
    APN 50-2S-30-5010-080-016
    UPID US18-1440163
    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
    • NUCLEAR INK TATTOO STUDIO Tattoo & Piercing Shop
    • Smart Homes of NW Florida Tech Support Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $578k
    Blend (final) Blend
    $935k
    Owner & transaction history
    Ct3 Ventures LLC · 4 yrs held
    Ct3 Ventures LLC
    since 2022
    Last sale
    $1.0M
    2 recorded transactions
    2022
    $1.0M
    2006
    $73,900
    Zoning & alternative use
    COM · Pensacola, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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