Pensacola, FL
Commercial Real Estate Market Trends & Data

Pensacola's Demographic Profile

Pensacola has 24,215 households and a median income of $55,583, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 52,936
# Households 24,215
Median age 42
Median household income $55,583
Avg household size 2.0
Renter-occupied housing units 9,824
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Pensacola, FL

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Pensacola $294 4,666 SF 8.55%
Pace $189 3,672 SF 7.09%
Orange Beach $398 3,950 SF 5.86%
Nearby Retail Markets Avg Cost/SF Typical Size
Pensacola $415 6,469 SF
Bellview $584 22,174 SF
Cantonment $1,775 2,325 SF
Gulf Breeze $758 1,913 SF
Pensacola Beach $1,570 1,455 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Pensacola $115 11,736 SF 22.00%
Hurlburt Field $104 26,592 SF 6.13%

Commercial Properties For Sale in Pensacola

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2211 Little Ln

Pensacola, FL 32514

  • 0.99 AC Lot
  • 1 Industrial Lot
  • $155,000
For Sale

2339 Truman Ave

Pensacola, FL 32505

  • 4,720 SF Industrial Building
  • 7.43% Cap Rate
  • $1,050,000
For Sale

Zaxbys

Pensacola, FL 32534

  • 3,847 SF Retail Building
  • 5.58% Cap Rate
  • $3,884,000
For Sale

9771 Guidy Ln

Pensacola, FL 32514

  • 6,967 SF Multifamily
  • 10.85% Cap Rate
  • $799,000
For Sale

First Watch - Pensacola FL

Pensacola, FL 32534

  • 3,900 SF Retail Building
  • 5.28% Cap Rate
  • $4,500,000
For Sale

Aragon Mixed-Use Property

Pensacola, FL 32502

  • 7,904 SF Office Building
  • $875,000 - $1,850,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Pensacola pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Pensacola $316 9,410 SF
Bellview $93 18,775 SF
Lillian $253 13,500 SF

Multifamily Properties For Sale in Pensacola

For Sale

The Palafox

Pensacola, FL 32501

  • 23,198 SF Multifamily
  • $1,250,000

Regional Demographic Comparison

This comparison places Pensacola alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Pensacola or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Pensacola 52,936 24,215 42 $55,583 2 9,824 2%
Bellview 23,877 9,375 39 $55,664 2 3,017 -1%
Gonzalez 12,960 4,994 41 $75,640 3 935 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Pensacola, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Pensacola

View All Commercial Real Estate For Sale in Pensacola
Is Pensacola a good market for a first-time commercial real estate investor?

Pensacola offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Pensacola?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Pensacola. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Pensacola?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Pensacola. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Pensacola compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Pensacola. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Pensacola acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Pensacola, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.