4465 Byu Blvd Pensacola, FL 32503-2601
This exceptional Class A, single-tenant office building, located at 4465 Bayou Blvd in Pensacola, Florida, presents a unique investment opportunity. The property boasts 2,020 square feet of meticulously finished interior space, including a large lobby area, two private offices, and a break room. The asking price is $1,600,000, translating to $792.08 per square foot. Built in 1987, this one-story building sits on a sizable 0.68-acre lot (100' x 300'), zoned C-2, offering potential for expansion. The convenient location is directly behind a Target parking lot and one block east of Cordova Mall, ensuring high visibility and accessibility. The property includes a drive-thru, ample parking with two curb cuts accommodating 15 spaces (a 7.46 parking ratio), and offers a significant advantage with its prime location on Bayou Boulevard. The building is currently vacant and available for immediate occupancy. All furniture is negotiable. The property's APN is 331S307101000011. This is a Net Net Net (NNN) lease type sale.
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Beach Bank Bank Loan Service
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The First Bank Bank Loan Service
The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial/high intensity commercial uses. Conventional residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed-use…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Pensacola, FLThe commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial/high intensity commercial uses. Conventional residential use is allowed as well as residential uses on upper floors above ground floor commercial or office uses and in other types of mixed-use development.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.