Office/Warehouse w/ Laydown Yard
Industrial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30871141 |
| Property Subtypes: |
Manufacturing, Light Industrial, Net Leased, Warehouse/Distribution
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
24,846 SF
|
| Gross Land Area: |
3.76 Acres
|
| Sale Price: |
$1,995,000 |
| Unit Price: |
$80.29 PSF |
| Ceiling: |
34 ft. |
| Docks/Doors: |
4 Doors |
| Office SF: |
3,558 SF |
| Drive In Bays: |
4 Bays |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: |
2800 N. Palafox St. |
| Usable Size (USF): |
24,846 SF |
| Sale Terms: |
Cash to Seller, Sale/Leaseback |
| Cap Rate: |
7.92% |
| Last Updated: |
4/30/2024 |
Overview / Comments
|
Office/Warehouse w/ Lay-down Yard! Current Owner will vacate upon closing if desired OR do a "SALE-LEASEBACK" with the new owner;we have flexibility! 2 structures on the property. 1st building went through a massive renovation in 2021 and is has a total of 18,578 SF, comprised of 2,800 SF 1st floor office, 758 SF of 2nd floor office and 15,020 SF of warehouse. Offices were constructed in 2021. 1st floor has a lobby/break-room, 2 offices w/ windows to the warehouse, conference room, 2 larger training rooms or larger offices and 2 restrooms; 2nd floor has 4 offices. Warehouse has new LED lighting throughout, 24' eave height, 34' center height, 4 grade level roll-up doors and a brand new roof in 2021! The 2nd building is 6,268 SF of pure warehouse. This building needs work done to the metal siding, roof and roll-up doors to become a secure facility once again. These 2 buildings sit on 3.76 acres, giving a massive amount of lay-down yard ability within a secured and gated fence. DRG Featured!
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Tax ID/APN: |
042S305301000000 |
| Zoning: |
HC/LI |
| Property Located Between: |
E. Cross St. and E. Texar Dr. |
| Highway Access: |
Interstate 110 |
| Airports: |
Pensacola International Airport |
| Site Description: |
Excellent visibility along N. Palafox and minutes from Interstate 110. |
| Area Description: |
Industrial area w/ surrounding neighbors |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
24,846 SF |
| Property Condition: |
Average |
| Year Built: |
1996 |
| Year Renovated: |
2021 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick/Aluminum Siding |
| Exterior Description: |
Has a mixture of concrete block at the lower level and transitions to aluminum siding as you get higher up. |
| Parking Type: |
Surface |
| Parking Description: |
Massive parking/lay-down yard space within this +/- 3.76 acres.... |
| Eave Height: |
24 |
| Sprinklers: |
None |
| X-Phase: |
3 phase |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Lighting: |
LED |
| Internet Access: |
Cable |
| Interior Description: |
Brand new offices built-out in 2021 w/ vinyl plank flooring throughout.... |
| Zoning Description: |
HC/LI (Highway Commercial / Light Industrial)
|
| Lot Frontage: |
280 |
| Lot Depth: |
502 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Owned |
| Legal Description: |
(2 Parcels)
Escambia County Property Appraiser
042S305301000000 - Full Legal Description
BEG AT SW COR OF SEC N 37 DEG 21 MIN 35 SEC W ALG W LI OF SEC 909 75/100 FT N 52 DEG 20 MIN 27 SEC E 31 75/100 FT TO E R/W LI OF PALAFOX HWY (SR #95 US HWY 29 78 50/100 FT) N 37 DEG 24 MIN 3 SEC W ALG SD R/W 191 29/100 FT FOR POB CONT N 37 DEG 24 MIN 3 SEC W 251 50/100 FT TO PT OF CURVATURE OF CIRCULAR CURVE CONCAVE TO SW HAVING RADIUS OF 1169 15/100 FT & DELTA OF 1 DEG 19 MIN 46 SEC NWLY ALG SD CURVE & R/W FOR ARC DIST 27 13/100 FT (CHD=27 13/100 FT C.B.=N 38 DEG 3 MIN 56 SEC W) N 52 DEG 20 MIN 12 SEC E 482 16/100 FT TO W R/W LI OF L & N RR (100 FT R/W) S 24 DEG 38 MIN 48 SEC E ALG SD R/W 266 16/100 FT S 65 DEG 31 MIN 39 SEC W 72 48/100 FT S 6 DEG 9 MIN 7 SEC W 20 70/100 FT S 8 DEG 4 MIN 1 SEC W 32 FT S 52 DEG 35 MIN 53 SEC W 315 37/100 FT TO POB OR 8411 P 1612
Escambia County Property Appraiser
042S305301001001 - Full Legal Description
BEG AT SW COR OF SEC N 37 DEG 21 MIN 35 SEC W ALG W LI 909 75/100 FT N 52 DEG 20 MIN 27 SEC E 31 75/100 FT TO E R/W LI PALAFOX HWY (SR 95 US HWY 29 78 50/100 FT R/W) CONT N 52 DEG 20 MIN 27 SEC E 226 24/100 FT FOR POB CONT N 52 DEG 20 MIN 27 SEC E 151 13/100 FT TO W R/W LI L&N RR (100 FT R/W N 24 DEG 38 MIN 48 SEC W ALG W R/W OF L&N RR 216 16/100 FT S 65 DEG 31 MIN 39 SEC W 72 48/100 FT S 6 DEG 9 MIN 7 SEC W 20 70/100 FT S 8 DEG 4 MIN 1 SEC W 32 FT S 52 DEG 35 MIN 53 SEC W 87 95/100 FT S 36 DEG 26 MIN 33 SEC E 190 31/100 FT TO POB OR 8411 P 1612 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,734 |
74,483 |
159,378 |
| Median Age: |
40.8 |
38.17 |
38.41 |
| Households: |
3,709 |
29,865 |
64,831 |
|
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