Catylist ID:
#30872430
10,168 SF Office/Warehouse 3885 N. Palafox
Industrial
for Sale
| Catylist Listing ID: | 30872430 |
| Property Subtypes: | Flex Space, Free-Standing, Light Industrial, Office Showroom, Warehouse/Distribution |
| Building Size (RSF): | 10,168 SF |
| Gross Land Area: | 1.07 Acres |
| Sale Price: | $985,000 |
| Unit Price: | $96.87 PSF |
| Ceiling: | 16 ft. |
| Docks/Doors: | 2 Doors |
| Office SF: | 4,140 SF |
| Drive In Bays: | 2 Bays |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment |
| Building Name: | Landmark Paving |
| Usable Size (USF): | 10,168 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/12/2024 |
Overview / Comments
|
4,140 SF Office / 6,028 SF W/H Fenced yard The south 50% +- has 16 ft ceiling but falls to 10' on north end of the bldg. Corner lot-Palafox @ Clarinda Great central location (Between Fairfield and Pace Blvd on Palafox) Sale includes 2 parcels 05-2S-30-1001-004-023 & 08-2S-30-4004-000-001 Currently lease to Landmark Paving. 5-year lease started April 2023 and ends 3/31/28. $6,500 per month Gross, with 3% annual increases. 1 five (5) year option. |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | Escambia Co |
| Tax ID/APN: | 05-2S-30-1001-004-023 |
| Zoning: | HC-LI |
| Property Located Between: | Fairfield and Pace Blvd |
| Highway Access: | Fronts on Palafox (Hwy 29) |
| Airports: | Pensacola International |
| Site Description: | Corner location |
| Area Description: | Mixed Commercial / Industrial |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 10,168 SF |
| Property Condition: | Average |
| Year Built: | 1988 |
| Year Renovated: | 2023 |
| Roof Type: | Gable |
| Construction/Siding: | Metal Siding, Steel Frame |
| Exterior Description: | Typical metal building |
| Parking Ratio: | 2.5 (per 1000 SF) |
| Parking Type: | Surface |
| Parking Description: | Fenced-Asphalt |
| Total Parking Spaces: | 26 |
| Eave Height: | 16 |
| Column Spacing: | 40' |
| Overhead Cranes: | Undisclosed |
| Sprinklers: | None |
| Amps: | 600 |
| Volts: | 440 |
| X-Phase: | III |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Lighting: | Fluorescent |
| Internet Access: | Cable |
| Interior Description: | Typical office finish (nothing fancy but functional) |
| Zoning Description: | HC-LI (Heavy Commercial-Light Industrial) |
| Lot Frontage: | 150 |
| Lot Depth: | 212 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
| Land Ownership: | Fee Simple |
| Legal Description: | In file |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,318 | 84,393 | 170,556 |
| Median Age: | 38.39 | 37.47 | 38.17 |
| Households: | 2,234 | 33,109 | 69,428 |
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