Property profile

3840 Hopkins St Pensacola, FL 32505

OFF-MARKET
Outlet malls
Property ID
US18-3575374
21,012 SF 0.91 ac lot Built 1969
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 14,810-square-foot industrial property, located at 3840 Hopkins St, Pensacola, FL 32505, offers a unique blend of office, showroom, and warehouse space. Situated in the Pensacola Palafox Industrial Park, this single-tenant building boasts convenient access to Interstate 110 and Palafox Street. The property features approximately 3,862 square feet of Class B office space, a climate-controlled showroom, and a substantial warehouse area. High ceilings (12 feet) provide ample vertical space. Loading is facilitated by three dock-high roll-up doors accessible from a reverse well loading dock, complemented by two grade-level doors. A fenced-in yard, open truck court, and ample parking are also available. Interior amenities include a large kitchen and break room, four bathrooms (including a crew shower area), and several private offices (approximately 290 square feet each) situated off a central hallway. A warehouse manager's office with windows is also included. Recent improvements include fresh paint and plank flooring. The property sits on 0.91 acres and is zoned M-2 HEAVY INDUSTRIAL, City. The APN is 052S302600001006. This property presents a compelling opportunity for businesses seeking a versatile and well-equipped industrial space in a prime Pensacola location.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1969
Construction TYPE NOT SPECIFIED
Total area 21,012 SF
Lot 0.91 ac (39,640 SF)
Zoning code M-2
APN 05-2S-30-2600-001-006
UPID US18-3575374

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
  • Physician
  • Party Supply Store Rental Equipment Company
  • Financial Advisor

Location

3840 Hopkins St Pensacola, FL 32505-5223
Pensacola metro Census 1401 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
$1.64M
Blend (final) Blend
$1.05M

Owner & transaction history

since 2022
Last sale
$1.2M
4 recorded transactions
2022
$1.2M
2018
$450,000
2008
Price N/A
2002
$64,900

Zoning & alternative use

M-2 · Pensacola, FL
Zoning description

$1f

General category INDUSTRIAL

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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