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Property profile & analytics
OFF-MARKET
Retail space

4006 9th Ave Pensacola, FL 32503-2824

4,161 SF 0.98 ac lot Built 1964
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0373298
Property summary
AI-generated overview

This exceptional single-tenant office building, located at 4006 N 9th Ave in Pensacola, Florida (zip code 32503), offers 4,161 square feet of versatile space. Situated in the desirable Cordova submarket, this property boasts a convenient location, just minutes from the Cordova Trade Area. The building, renovated in 2020, features a traditional office layout with 13 individual suites and 5 restrooms, three of which are conveniently located within a suite. Adding to its functionality is a substantial approximately 1,600 square foot warehouse situated at the rear of the property, available for an additional monthly rent of $1,500. The property sits on a 0.92-acre lot and is zoned C-1. The APN is 042S302007000074. The building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. Approximate annual NNN expenses are estimated at $5 per square foot. This property is ideally suited for a business seeking a well-maintained, spacious office with additional warehouse storage in a thriving Pensacola location. The cross streets are 9th Ave and Fairfield.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction STEEL FRAME
Total area 4,161 SF
Lot 0.98 ac (42,868 SF)
Zoning code C-1
APN 04-2S-30-2007-000-074
UPID US18-0373298
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
  • Cordova Injury Clinic Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Changi LLC · 1 yrs held
Changi LLC
since 2024
7 recorded transactions
2024
Price N/A
2019
$370,000
2016
Price N/A
2014
$200,000
2012
$100
2005
$525,000
2000
Price N/A
Zoning & alternative use
C-1 · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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