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33250791

2200 North Palafox Street, Pensacola, FL 32501

DA
FL Florida
ACRE Expert LLC
JT
Florida
ACRE Expert LLC
Listed by ACRE Expert LLC
$1,940,000
5 days on market
Updated 2 days ago
Opportunity zone

17,040 Office Building | Pensacola, FL 32501

Details
Property Type Office
Sub Type Traditional Office
Square Footage 17,040
Pro-Forma Cap Rate 9.89%
Pro-Forma NOI $191,787
Class A
Buildings 1
Acreage 1.370
Zoning C-3
Sale Condition 1031 exchange

17,040 Office Building | 2200 N Palafox St Pensacola, FL 32501 | Escambia County

Marketing description

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

Deal Highlights

🏒 17,040 SF Office Building - Large-scale commercial asset situated on a 1.37-acre parcel, ideal for office users, medical conversion, educational facilities, or multi-tenant investment strategies.

πŸ“ Prime Pensacola Location - Positioned along N Palafox St with strong connectivity to downtown Pensacola, surrounding business districts, and major transportation corridors.

πŸ’° Strong Income Potential - Projected gross rent of $15,982/month with estimated NOI of $191,787/year, offering attractive cash-flow potential for investors.

πŸ— Recently Renovated Asset - Property underwent major renovations approximately 4 years ago including updated electrical systems, plumbing, and extensive interior improvements.

πŸ”₯ Fire & Safety Infrastructure in Place - Equipped with a full sprinkler and fire suppression system, enhancing safety compliance and operational readiness.

❄️ Updated HVAC Systems - Features 11 AC units, with most replaced within the last 4 years and regularly serviced for improved efficiency and reliability.

πŸ“ Expansive 1.37-Acre Site - Large 59,690 SF parcel provides flexibility for parking, future expansion, outdoor improvements, or redevelopment opportunities.

πŸ“ˆ Opportunity Zone Advantage - Located within an Opportunity Zone, offering potential long-term tax benefits and investment incentives.

🌴 Growing Pensacola Market - Situated in a steadily expanding Gulf Coast market experiencing continued residential growth, commercial investment, and redevelopment activity.

🚫Showing property visits by appointment only.

πŸ“² 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.

Listing Contacts

DA
FL Florida
ACRE Expert LLC
JT
Florida
ACRE Expert LLC
Listed by ACRE Expert LLC

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Additional Information

Name
Drew Attias
License
Florida
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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