9050 University Pkwy Pensacola, FL 32514
Property profile & analytics
9050 University Pkwy Pensacola, FL 32514
- Office buildings
- 2,924 SF
- 0.46 lot acres
Property ID
US18-3819155
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
- Mills Eye + Facial Surgery / Ophthalmologist
- Dr. David M. Mills, MD / Ophthalmologist
- Dr. Wesley Mayes / Physician
- James Tammaro / Physician
- Pitts Barbara / Insurance Agency
Property Details for 9050 University Pkwy
- Year built
- 1996
- Construction
- WOOD
- Lot size
- 0.46 lot acres
- Property size
- 2,924 SF
- Zone code
- HDMU
- Property type
- Office buildings
- APN
- 14-1S-30-3301-002-002
- APU
- 141S303301002002
Description
This exceptional investment opportunity presents a single-tenant medical office building located at 9050 University Parkway, Pensacola, Florida, 32514. The property, built in 1996, offers 2,912 net rentable square feet within a total of 3,195 square feet, situated on a 0.46-acre lot. Currently operating at 100% occupancy, the building boasts a strong net operating income (NOI) of $55,000, yielding an attractive 7.59% cap rate. The property is classified as a Class C, single-story building with 25 parking spaces and is zoned HDMU. The asking price is $725,000, translating to a price per square foot of $248.97. This is a Net Lease (NNN) investment with a single tenant in place. An adjacent 0.3-acre lot is also available for separate purchase. The property's location in Escambia County benefits from a robust local economy, with low unemployment rates and high demand for medical office space. This presents a compelling opportunity for investors seeking a stable, high-yield investment in a thriving market. The property's APN is 141S303301002002.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $580,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $875,000
- 6.5%
- $810,000
- 7%
- $750,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $455,000
- AI Estimate
- $455,000
Market price range: $266k - $518kMarket price range: $266k - $518k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $400,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $450,000 Change: +12% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $410,000 Change: +2% Conversion: Difficult
- RETAIL STORES
- $355,000 Change: -12% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2209
- Latitude
- 30.5269
- 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
$5,305
$0.00
$0.00
$388,428
-
$162,000
$226,428
$388,428
