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Property profile & analytics
FOR SALE
Office buildings

900 Garden Gate Cir Pensacola, FL 32504

4,152 SF 0.38 ac lot Built 1998
Individually Owned 20-yr Hold Free & Clear
Property ID
US19-0637261
Property summary
AI-generated overview

This exceptional Class A medical office building, located at 900 Garden Gate Cir, Pensacola, FL 32504, presents a unique investment opportunity. The 3,800 square foot, single-tenant property sits on a 0.38-acre lot and boasts 17 parking spaces. Built in 1998, the single-story building features six 15' x 15' offices with 9' ceilings, custom built-in bookshelves, and exterior windows. Additional amenities include a large waiting area with 14' vaulted ceilings, a spacious conference room, four ADA-compliant bathrooms, a large administrative space (including a manager's office), a kitchen, and a walk-in storage closet. High-end finishes throughout include commercial-grade, noise-dampening carpeting in offices and hallways, tiled waiting room, kitchen, and wet areas, and solid core interior doors with premium hardware. The exterior features a wide roof overhang covering a 5' sidewalk. Recent upgrades include a new water heater (2017), roof (2019), two AC units (post-2019), and carpeting (2021). The property also includes a security system and irrigation system. Conveniently located near hospitals and the international airport, with easy access to major thoroughfares and less than a half-mile from I-110 interchange. The property is zoned R-2 and offered at $950,000 ($250/SF). This is a must-see property for discerning investors. APN: 331S301010000005, 331S301010000100.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction WOOD
Total area 4,152 SF
Lot 0.38 ac (16,552 SF)
Zoning code R-2
APN 33-1S-30-1010-000-005
UPID US19-0637261
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
  • John L. Hodges, PhD Physician Medical Clinic
  • AER Counseling Counselor
  • Iserman Jordan C MD Physician
  • Child And Family Development Center. NOT AFFILIATED WITH FL DEPARTMENT OF CHILDREN & FAMILIES Counselor Psychologist
  • Karen L. Shell, LMHC Counselor Psychotherapist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$547k
Blend (final) Blend
$545k
Owner & transaction history
Coastal Orthodontics PLLC · 20 yrs held
Coastal Orthodontics PLLC
since 2006
1 recorded transaction
2006
$137,500
Zoning & alternative use
R-2 · Pensacola, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $640,000 +15.9%
Auto repair, garage $585,000 +5.7%
Commercial (general) $570,000 +2.8%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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