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3191 W Nine Mile Rd 7,121 SF Industrial Building Pensacola, FL 32534 $8,990,000 ($1,262.46/SF) 6.50% Cap Rate



INVESTMENT HIGHLIGHTS
- 9.2 AC zoned for mixed use
EXECUTIVE SUMMARY
This unique property can be Developed in several ways! The zoning of HC/LI, Heavy Commercial & Light Industrial with 3 Phase Power is gated, and will allow many types of businesses to be built and located on this large Parcel, but the uniqueness is that it also can be developed with most Residential Types & Commercial Mixed! Also, there are 2 Businesses that are part of this Sale, one with Passive income monthly! I can send an NDA for all to sign, to share the Financials of Businesses for review. Please call or text and send me your email if interested, and to schedule a showing today.
PROPERTY FACTS
| Price | $8,990,000 | Lot Size | 9.26 AC |
| Price Per SF | $1,262.46 | Rentable Building Area | 7,121 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.50% | Year Built | 1977 |
| Sale Condition | Redevelopment Project | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.39/1,000 SF |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 6 |
| Building Class | C | ||
| Zoning | C-2 & R-1 - Mixed use | ||
| Price | $8,990,000 |
| Price Per SF | $1,262.46 |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Sale Condition | Redevelopment Project |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 9.26 AC |
| Rentable Building Area | 7,121 SF |
| No. Stories | 1 |
| Year Built | 1977 |
| Tenancy | Single |
| Parking Ratio | 2.39/1,000 SF |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | C-2 & R-1 - Mixed use |
AMENITIES
- Fenced Lot
PROPERTY TAXES
| Parcel Number | 11-1S-31-2201-000-000 | Improvements Assessment | $228,155 |
| Land Assessment | $1,243,350 | Total Assessment | $1,471,505 |
PROPERTY TAXES
Parcel Number
11-1S-31-2201-000-000
Land Assessment
$1,243,350
Improvements Assessment
$228,155
Total Assessment
$1,471,505
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BCB RESIDENTIAL PROPERTIES
3191 W Nine Mile Rd
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