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    OFF-MARKET
    Residential offices

    3407 N L St, Pensacola, FL 32505

    Built 1984
    Property ID
    Property summary
    AI-generated overview

    This meticulously renovated 2,145-square-foot office building sits on a half-acre lot in Pensacola, Florida, offering a compelling opportunity for diverse businesses. The property boasts a completely overhauled interior and exterior, featuring a new roof, HVAC system, kitchen cabinets, plumbing, electrical wiring, bathrooms, windows, lighting, and drywall. The flexible layout includes five individual offices, a conference area, a spacious work/training/waiting area, a kitchen, and two bathrooms. A sizable work area with a sink and double-sided loading door adds to its versatility. Ample parking is provided with 14 paved spaces, including one handicapped-accessible spot. The property also includes a quarter-acre of outdoor storage space, ideal for equipment, vehicles, or materials. The open grassy area at the rear could easily accommodate additional parking or further expand outdoor storage capabilities. The property is fully fenced, although the front gate and fencing are temporary. This prime location in Escambia County, Florida, zip code 32505, presents a unique blend of modern office space and substantial outdoor area, suitable for a wide range of commercial uses, including but not limited to office, storage, construction, training, research, medical, government, or industrial applications.

    Property profile
    Verified
    Property type Residential offices
    Year built 1984
    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
    • Ivy League Early Learning Center Daycare Center
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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