2200 N Palafox St - Medical FOR SALE


Pensacola, FL 32501- Southeast Pensacola
$1,899,000 USD
2200 N Palafox St, Pensacola, FL for Sale
$1,899,000 USD
Medical - FOR SALE
1/32
null | 10.1% Cap Rate

2200 N Palafox St
Pensacola, FL 32501
Southeast Pensacola


HIGHLIGHTS

  • 17,040 SF Office Building - Large-scale commercial asset situated on a 1.37-acre parcel, ideal for office users, medical conversion
  • Prime Pensacola Location - Positioned along N Palafox St with strong connectivity to downtown Pensacola, surrounding business districts
  • Strong Income Potential - Projected gross rent of $15,982/month with estimated NOI of $191,787/year
  • Recently Renovated Asset - Property underwent major renovations approximately 4 years ago including updated electrical systems
  • Fire & Safety Infrastructure in Place - Equipped with a full sprinkler and fire suppression system, enhancing safety compliance
  • Updated HVAC Systems - Features 11 AC units, with most replaced within the last 4 years and regularly serviced for improved efficiency and reliability

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

10.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

17,040 Office Building | Pensacola, FL 32501

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

C3

APN/PARCEL ID

00-0S-00-9010-001-129

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