4700 BAYOU BLVD Pensacola, FL 32504
Property profile & analytics
4700 BAYOU BLVD Pensacola, FL 32504
- Office buildings
- 4,218 SF
- 3.74 lot acres
Property ID
US18-0339758
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Avanza Medical Research Center / Research Institute
- Dr. Miguel Gutierrez-Diaz, D.O., PLLC / Pediatrician / Physician
- Robert Huang, MD / Physician
- Dr. Randall P. Riche, MD / Physician
- W. Daniel Doty, MD, FACC, FAHA / Physician
Property Details for 4700 BAYOU BLVD
- Year built
- 1982
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 3.74 lot acres
- Property size
- 4,218 SF
- Zone code
- C-1
- Property type
- Office buildings
- APN
- 33-1S-30-7101-001-008
- APU
- 331S307101001008
Description
This exceptional investment opportunity presents a 37,110-square-foot office complex located at 4700 Bayou Blvd in Pensacola, Florida. The property, built in 1983, sits on a 3.7-acre lot and boasts a 6.75% cap rate with 100% occupancy. The single-story building comprises nine units, totaling 1,510 square feet of net rentable space, making it suitable for a variety of office uses, including traditional and medical offices. The property is zoned C-1, offering flexibility for future development. Its prime location near Pensacola International Airport, Ascension Sacred Heart Hospital, Cordova Mall, and Pensacola Community College ensures high visibility and accessibility. The asking price is $4,100,000, translating to $136.24 per square foot. Detailed financial information is available upon request with a non-disclosure agreement. This is a rare opportunity to acquire a well-located, high-performing commercial property in a thriving market. The property's strong performance and strategic location make it an ideal investment for long-term growth and potential redevelopment. The building's current configuration offers immediate income potential, while the expansive lot size presents significant upside for future expansion or repositioning. This is a turnkey investment ready for a new owner.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $754,000
- AI Estimate
- $754,000
Market price range: $369k - $755kMarket price range: $369k - $755k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $535,000 Current use
- COMMERCIAL (GENERAL)
- $765,000 Change: +43% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $650,000 Change: +22% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $595,000 Change: +11% Conversion: Difficult
- RETAIL STORES
- $495,000 Change: -7% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2053
- Latitude
- 30.4691
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$52,681
$0.00
$0.00
$2,905,376
-
$1,178,100
$1,727,276
$2,905,376
