6155 Palafox St, Pensacola, FL 32503-7619
This exceptional Class A self-storage facility in Pensacola, Florida, presents a compelling investment opportunity. Located at 6155 N. Palafox St., Escambia County, zip code 32503, this property boasts 908 units totaling 131,350 rentable square feet. Built in 1994 on a 7.7-acre lot, the single-story facility includes a mix of climate-controlled and non-climate-controlled units, plus boat/RV parking. A significant feature is a newly opened (October 2023) multi-story climate-controlled building currently undergoing lease-up, equipped with two elevators (8'x11' and 5.5'x9'). The property also includes a 1,500 square foot office space with manager's office, conference room, three private offices, kitchen, and two bathrooms. Security features include a fully fenced perimeter with keypad access and 17 on-site security cameras. This high-visibility location offers excellent traffic counts and presents a strong potential for continued growth and high occupancy rates. The property's institutional quality and strong operational history make it an attractive asset for discerning investors.
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A+ Mini Storage of Central Pensacola Storage Facility
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC/LI · Pensacola, FLPensacola. Always verify with local authorities before improvements.
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.