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3500 N Palafox St 50,305 SF 95% Leased Flex Building Pensacola, FL 32505 $2,500,000 ($49.70/SF)
Executive Summary
3500 N Palafox St is a fully leased, 50,305 SF industrial/flex property across 8 buildings located in the heart of Pensacola’s commercial district. Built in 1994 on 3.03 acres, the property features one drive-in door with a 10-foot clearance, 29 surface parking spaces , and a functional layout ideal for multi-tenant occupancy. With 100% occupancy and stable cash flow, this asset represents a strong investment opportunity in a high-demand industrial submarket.
Building 1 - 3,200 SF
Building 2 - 17,728 SF, has a large showroom, offices, and a large warehouse area in the northern portion of the building.
Building 3 - 7,176 SF
5 Self Storage Buildings - 22,201 SF, 129 self-storage garage spaces.
Building 1 - 3,200 SF
Building 2 - 17,728 SF, has a large showroom, offices, and a large warehouse area in the northern portion of the building.
Building 3 - 7,176 SF
5 Self Storage Buildings - 22,201 SF, 129 self-storage garage spaces.
Property Facts
| Price | $2,500,000 | Rentable Building Area | 50,305 SF |
| Price Per SF | $49.70 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1994 |
| Property Type | Flex | Parking Ratio | 0.58/1,000 SF |
| Property Subtype | Showroom | Clear Ceiling Height | 16’ |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 3.00 AC | ||
| Zoning | HC/LI - Heavy Commercial/Light Industrial | ||
| Price | $2,500,000 |
| Price Per SF | $49.70 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | C |
| Lot Size | 3.00 AC |
| Rentable Building Area | 50,305 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Parking Ratio | 0.58/1,000 SF |
| Clear Ceiling Height | 16’ |
| Opportunity Zone |
Yes |
| Zoning | HC/LI - Heavy Commercial/Light Industrial |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
| Space | Size | Space Use | Condition | Available |
| 1st Fl - Suite B | 2,563 SF | Flex | Partial Build-Out | Now |
1st Fl - Suite B
| Size |
| 2,563 SF |
| Space Use |
| Flex |
| Condition |
| Partial Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl - Suite B
| Size | 2,563 SF |
| Space Use | Flex |
| Condition | Partial Build-Out |
| Available | Now |
1 1
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 05-2S-30-1001-005-001 | Improvements Assessment | $1,809,730 |
| Land Assessment | $256,335 | Total Assessment | $2,066,065 |
Property Taxes
Parcel Number
05-2S-30-1001-005-001
Land Assessment
$256,335
Improvements Assessment
$1,809,730
Total Assessment
$2,066,065
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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3500 N Palafox St
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