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17,040 Office Building | Pensacola, FL 32501 2200 N Palafox St 17,040 SF Office Building Pensacola, FL 32501 $2,685,988 CAD ($157.63 CAD/SF) 9.89% Cap Rate
Investment Highlights
- 17,040 SF Office Building - Large-scale commercial asset situated on a 1.37-acre parcel, ideal for office users, medical conversion
- Strong Income Potential - Projected gross rent of $15,982/month with estimated NOI of $191,787/year
- Fire & Safety Infrastructure in Place - Equipped with a full sprinkler and fire suppression system, enhancing safety compliance
- Prime Pensacola Location - Positioned along N Palafox St with strong connectivity to downtown Pensacola, surrounding business districts
- Recently Renovated Asset - Property underwent major renovations approximately 4 years ago including updated electrical systems
- Updated HVAC Systems - Features 11 AC units, with most replaced within the last 4 years and regularly serviced for improved efficiency and reliability
Executive Summary
Address: 2200 N Palafox St Pensacola, FL 32501
County: Escambia County
Parcel ID: 00-0S-00-9010-001-129
Building size: 17,040 sqft
Land size (acre): 1.37
Land size (sqft): 59,690
Zoning: C-3
Layout: 1 building with lot
Sewer: Connected
Water: City Water. Connected
Electric: Connected
Road Access: Yes
Flood Zone: No
Wetlands: No
Opportunity zone: True
Investment Highlights
Rent Info:
Potential Gross Rent: $15,982/month
Potential NOI: $191,787
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
County: Escambia County
Parcel ID: 00-0S-00-9010-001-129
Building size: 17,040 sqft
Land size (acre): 1.37
Land size (sqft): 59,690
Zoning: C-3
Layout: 1 building with lot
Sewer: Connected
Water: City Water. Connected
Electric: Connected
Road Access: Yes
Flood Zone: No
Wetlands: No
Opportunity zone: True
Investment Highlights
Rent Info:
Potential Gross Rent: $15,982/month
Potential NOI: $191,787
Showing property visits by appointment only.
Call\ Text to schedule
Disclaimer: Acre Expert LLC is a team of real estate developers and investors. We buy, sell, and hold properties for investment purposes.
We are not licensed real estate brokers. This property is being marketed based on our equitable interest via an assignable contract or as the property owner.
All Information provided is preliminary and subject to change. Acre Expert LLC makes no guarantees regarding accuracy, lease terms, or financials. The buyer must conduct independent due diligence and verify all details.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
17,040 SF
Building Class
C
Year Built
1983
Price
$2,685,988 CAD
Price Per SF
$157.63 CAD
Cap Rate
9.89%
NOI
$265,535 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
17,040 SF
Building FAR
0.29
Lot Size
1.36 AC
Opportunity Zone
Yes
Zoning
C3 - General Commercial
Parking
125 Spaces (7.34 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Signage
- Wheelchair Accessible
- Central Heating
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Overflow Health Alliance was formed by a group of concerned and like-minded individuals working together towards community sustainability and enrichment. Founded in 2018, this organization has made significant contributions in the most underserved and disenfranchised populations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 00-0S-00-9010-001-129 | Improvements Assessment | $1,081,473 CAD |
| Land Assessment | $192,350 CAD | Total Assessment | $1,273,823 CAD |
Property Taxes
Parcel Number
00-0S-00-9010-001-129
Land Assessment
$192,350 CAD
Improvements Assessment
$1,081,473 CAD
Total Assessment
$1,273,823 CAD
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17,040 Office Building | Pensacola, FL 32501 | 2200 N Palafox St
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