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    Value-Add Commercial Property For Sale
    Updated: Mar 6
    Value-Add Commercial Property For Sale

    1620 W Cervantes St, Pensacola, FL 32501

    $998,000
    11,989 sqft 1.25 AC lot
    Value‑add commercial property priced to sell at $63.75/SF.
    Includes a large 11,989± SF retail building ready for redevelopment and a 3,600± SF warehouse.
    Retail building can be divided into up to seven individual suites, with sewer already in place.
    Warehouse features 20‑foot clear heights, a grade‑level roll‑up door, and a dock‑high loading door.
    Located on 1.25± acres in a busy east‑west corridor with an AADT of 15,900.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1620 W Cervantes St, Pensacola, FL 32501

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $92K
      Annual

    • Mortgage

      $574K
      Dec 2024

    • Property Type

      Service Shop
      Built 1948
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    Pensacola Commercial Land Opportunity
    Updated: Jan 11
    Pensacola Commercial Land Opportunity

    4300 Bauer Rd, Pensacola, FL 32507

    $1,500,000
    5.21 AC lot
    Expansive 4.72‑acre commercial property.
    Zoned for warehousing and distribution.
    Easy access to Sorrento Rd and Gulf Beach Hwy.
    Minutes from Naval Air Station Pensacola and Perdido Key beaches.
    High visibility and traffic in a growing commercial corridor.
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    Corner Parcel with Warehouse Workshop
    Corner Parcel with Warehouse Workshop

    6812 Lillian Hwy, Pensacola, FL 32506

    $210,000
    1.25 AC lot

    1.25-acre corner lot with a residential home and a large warehouse/workshop with electricity and air conditioning.

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    Development Land with Two Entrances
    Development Land with Two Entrances

    9200 Fowler Ave, Pensacola, FL 32534

    $2,400,000
    11.00 AC lot

    Split-zoned 11-acre parcel with two road entrances and existing leased properties for added stability.

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    Mixed-Use Investment Opportunity
    Mixed-Use Investment Opportunity

    1417 W Cervantes St, Pensacola, FL 32501

    $1,295,000
    14,394 sqft

    Mixed-use property with retail and warehouse components in Pensacola, FL.

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    Multi-Unit Self-Storage Facility
    Multi-Unit Self-Storage Facility

    7054 N Palafox St, Pensacola, FL 32503

    $750,000
    14,000 sqft 0.85 AC lot

    109-unit self-storage facility on 0.85 acres with approximately 14,000 square feet zoned HDMU.

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    Industrial Land with Office Outbuildings
    Industrial Land with Office Outbuildings

    8701 N Palafox Street, Pensacola, FL 32534

    $1,200,000
    7,216 sqft

    2-acre industrial yard with three red iron outbuildings and a recently renovated 4,500 sq ft office.

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    Functional Warehouse in Industrial District
    Functional Warehouse in Industrial District

    3603 N Q St, Pensacola, FL 32505

    $585,000
    4,776 sqft 0.32 AC lot

    4,776 SF warehouse ideal for owner-users or investors.

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    Functional Warehouse in Established District
    Functional Warehouse in Established District

    3603 N Q St, Pensacola, FL 32505

    $585,000
    4,776 sqft 0.32 AC lot

    4,776 SF warehouse ideal for owner-user or investment.

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    Corner Flex Building with Garage
    Corner Flex Building with Garage

    9200/9202 Davis Hwy, Pensacola, FL 32514

    $650,000
    2,863 sqft 0.64 AC lot

    Versatile flex-use building with a garage, offices, and warehouse space, positioned for commercial activity at a busy intersection.

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    Warehouse with Office Renovation
    Warehouse with Office Renovation

    82 E Nine Mile Rd, Pensacola, FL 32534

    $150,000
    1,741 sqft

    Older warehouse and office on a HC/LI zoned site, suitable for service-based businesses and small storage.

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    Pensacola Warehouse with Cold Storage
    Pensacola Warehouse with Cold Storage

    2400 W Herman Ave, Pensacola, FL

    $3,500,000
    14,943 sqft 3.16 AC lot

    Modern warehouse with office, cold storage, and loading docks.

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    Warehouse and Distribution Building
    Warehouse and Distribution Building

    2110 W Cervantes St, Pensacola, FL 32505

    $1,500,000
    16,176 sqft

    Well-maintained 16,176 SF warehouse with C-3 zoning and exposure at the Pace Blvd and Cervantes Street intersection.

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    Pensacola Warehouse with Fenced Yard
    Pensacola Warehouse with Fenced Yard

    2807 West Gadsden Street, Pensacola, FL 32505

    $269,000
    2,235 sqft 0.15 AC lot

    2,235 SF warehouse in Pensacola, suitable for various operations.

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    Freestanding Warehouse / Flex Commercial Property
    Freestanding Warehouse / Flex Commercial Property

    1322 N 61st Ave, Pensacola, FL 32506

    $199,999
    3,733 sqft 0.25 AC lot

    3,733 SF warehouse/flex building in Pensacola, owner financing available.

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    "P" St - HC/LI - 3 warehouses, new office, + residence - 1.5 acres For Sale
    "P" St - HC/LI - 3 warehouses, new office, + residence - 1.5 acres For Sale

    4215 N P street, Pensacola, FL 32505

    $950,000
    5,529 sqft 1.55 AC lot

    "P" St - HC/LI - 3 warehouses, new office, + residence - 1.5 acres For Sale

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    Divisible Warehouse Space For Rent
    Divisible Warehouse Space For Rent

    2200 N W St, Pensacola, FL

    $425,000
    5,000 sqft 0.32 AC lot

    Divisible warehouse space available, from 1,250 to 5,000 square feet.

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    12,300 SF-Retail/WH For Sale
    12,300 SF-Retail/WH For Sale

    2520 W Cervantes St, Pensacola, FL 32505

    $650,000
    12,300 sqft 0.99 AC lot

    12,300 SF-Retail/WH For Sale

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    Industrial Portfolio with Conditioned Buildings
    Industrial Portfolio with Conditioned Buildings

    3495 Alcaniz, Pensacola, FL

    $3,083,000
    1.41 AC lot

    Three industrial buildings totaling 26,780 SF, fully leased investment.

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    6,098 SF RETAIL STOREFRONT & Warehouse For Sale
    6,098 SF RETAIL STOREFRONT & Warehouse For Sale

    2500 N E St, Pensacola, FL 32501

    $1,000,000
    6,098 sqft 0.14 AC lot

    6,098 SF RETAIL STOREFRONT & Warehouse For Sale

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    1,761 SF PRIME ACREAGE IN THE HEART OF PENSACOLA’S FUTURE GROWTH CORRIDOR For Sale
    1,761 SF PRIME ACREAGE IN THE HEART OF PENSACOLA’S FUTURE GROWTH CORRIDOR For Sale

    9200 Bowman Avenue, Pensacola, FL 32534

    $860,000
    1,761 sqft 4.30 AC lot

    1,761 SF PRIME ACREAGE IN THE HEART OF PENSACOLA’S FUTURE GROWTH CORRIDOR For Sale

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    2004 BARRANCAS AVE, Pensacola, FL 32502

    $449,000
    0.60 AC lot

    0.60-acre commercial property at the gateway to downtown Pensacola.

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    Pensacola Fabrication Shop with Yard
    Pensacola Fabrication Shop with Yard

    3202 Barrancas Ave, Pensacola, FL

    $1,300,000
    11,040 sqft 1.06 AC lot

    11,040 SF fabrication shop with fenced, paved yard.

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    Warehouse with Fenced Laydown Yard
    Warehouse with Fenced Laydown Yard

    5 East Fairfield Drive, Pensacola, FL 32501

    Contact for pricing
    6,000 sqft 0.66 AC lot

    Warehouse and fenced laydown yard totaling 2 parcels, currently leased through 2021.

    View details

    Pensacola, FL Warehouses Market Trends and Statistics

    Explore 72 warehouses for sale in Pensacola, FL, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 301,136 square feet of properties for sale, with an estimated market value of $37,515,999.

    Sale prices for warehouse buildings in Pensacola, FL start at $150,000, averaging $1,705,272, and reaching up to $17,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Self storage facilities 5

    Demographics Overview

    Population 274K
    Population Growth (5Y) +3.5%
    Median Household Income $63,536
    College Educated 20.4%

    High-Yield Neighborhoods for Investment

    Identify Pensacola submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    32502 $224.5K
    32506 $249K
    32514 $650K
    32505 $670.9K
    32501 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.37%
    Property Tax per SF $27.59 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Escambia County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Pensacola fall within the 100,000+ square foot range.

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