For Sale
$4,000,000

3225 L StPensacola, FL 32505

Prime industrial warehouse, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional Pensacola, FL industrial property offers a compelling investment opportunity. Encompassing 21,300 square feet across three single-story buildings on approximately 1.2 to 1.4 acres, this Class B warehouse boasts a newly renovated interior (2022) and exterior, including a fully gated compound for enhanced security. The property features two loading docks with two dock-high doors, extensive paved parking (30+ spaces), and three office spaces. The main building (10,000 sq ft) includes four remodeled offices, a large workshop, storage space, two bathrooms, a full kitchen, and a large dining room. Structural highlights include a metal roof, steel trusses, and a three-year-old HVAC system in the front office area. Additional features include spray insulation, a fully formed mezzanine, and an available electric panel with an independent address. The property is zoned HC/LI and benefits from a high traffic count exceeding 35,000 vehicles daily, with convenient proximity to I-10 (2 miles), Mobile Highway (3 miles), and Palafox Industrial Park (0.7 miles). Currently 50% occupied, the property presents a 4% cap rate and is offered at $4,000,000 ($187.79/sq ft). The property's current use includes a U-Haul vendor and a tool supply business with a combined value exceeding $700,000. Future uses could include an event venue, distribution facility, IT center, showroom, or self-storage facility, with potential for leasing to tenants. A survey is available.

Highlights

  • 21,300 SF Class B industrial property on ~1.3 acres in Pensacola, FL.
  • Newly renovated (2022) interior and exterior, including a gated compound.
  • Features two loading docks, 30+ parking spaces, and three office suites.
  • High-traffic location near I-10, Mobile Highway, and Palafox Industrial Park; currently 50% occupied, offering a 4% cap rate at $4,000,000 ($187.79/SF).

Property Details for 3225 L St

Property type
Warehouses, Industrial properties
Square Feet
21,300 SF
Class
B
Year Built/Renovated
1984/2022
Buildings
3
Stories
1
Lot Size (sq. ft)
52,272 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.4461348
Longitude
-87.2362331
3225 L St, Pensacola, Florida

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3225 L St
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