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    OFF-MARKET Estimated value $1,340,000
    Outlet malls

    3840 Hopkins St, Pensacola, FL 32505-5223

    21,012 SF 0.91 ac lot Built 1969
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US18-3575374
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Baptist Health Care Physician
    • Events Styled by LUXE Party Supply Store Rental Equipment Company
    • Terhaar-Cronley Investment Financial Advisor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.64M
    Blend (final) Blend
    $1.34M
    Owner & transaction history
    Hopkins Industrial Investments LLC · 3 yrs held
    Hopkins Industrial Investments LLC
    since 2022
    Last sale
    $1.2M
    4 recorded transactions
    2022
    $1.2M
    2018
    $450,000
    2008
    2002
    $64,900
    Zoning & alternative use
    M-2 · Pensacola, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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