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Property profile & analytics

8500 Pensacola Blvd Pensacola, FL 32534-3339

  • Community centers
  • 11,148 SF
  • 0.17 lot acres
OFF-MARKET
Last Sale
Jun 10, 2021
$967,500
Value Estimations
$1,015,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US18-5984533
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.

Current Use by Public Records

  • X Smoke depo / (Bike/Boat/Book/etc) Store
  • Fusion Fine Wine Spirits VII / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
  • Lazy Day Spa / Alternative Medicine Practice / Spa & Massage Center

Property Details for 8500 Pensacola Blvd

Year built
2006
Construction
TYPE NOT SPECIFIED
Lot size
0.17 lot acres
Property size
11,148 SF
Zone code
HC/LI
Property type
Community centers
APN
11-1S-30-1901-010-058
APU
111S301901010058

Description

This exceptional Class A office suite, located at 8500 Pensacola Blvd, presents a unique opportunity for immediate occupancy. The 1,750 square foot space boasts a "vanilla shell" finish, providing maximum flexibility for tenant build-out and customization. Situated within a larger single-story building constructed in 2006 and extensively renovated in 2022, this property offers a modern and efficient workspace. The building features a total of 10,786 square feet and 30 individual suites, all currently vacant. The entire building is situated on a 0.73-acre lot, providing ample space and convenient access. The property includes 24 parking spaces for tenant and visitor use. The suite is zoned HC-LI and benefits from a high-traffic location within a submarket boasting 44,500 vehicle counts. The monthly rent is $2,770.83, comprising a base rent of $16.50 per square foot and $2.50 per square foot in NNN charges. Sales tax of 7% adds $2,964.79 to the total monthly cost. The 15-foot ceiling height contributes to a spacious and airy atmosphere. This is an ideal opportunity for businesses seeking a move-in ready office space in a prime location. The property's APN is 111S301901007058. No elevators are present in the building.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $785,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,171,000
    Market price range: $784k - $2.61M
    AI Estimate
    $1,171,000
    Market price range: $784k - $2.61M
  • Alternative Use

    Use
    Estimation
    AUTO REPAIR, GARAGE
    $1,570,000
    OFFICE BUILDING
    $1,515,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Pensacola
County
Escambia
State
Florida
Longitude
-87.2724
Latitude
30.5201
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
$10,336
$0.00
$0.00
$728,263
-
$37,025
$712,374
$749,399
More about this property
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