6160 Davis HwyPensacola, FL 32504

  • Office properties
  • 1,803 SF
For Sale
$1,050,000 View listing

Property Details for 6160 Davis Hwy

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.03 AC
Property size (Sq ft)
1,803 SF
Zone code
SSD
Property type
Office properties
Property subtype
Office buildings
APN
34-1S-30-1202-000-012
APU
341S301202000012

Description

This exceptional investment opportunity presents a stabilized medical office building located at 6160 N Davis Hwy, Pensacola, FL 32504, within Escambia County. The property, encompassing 4,250 square feet across two units, is 100% occupied by OptumServe Health Services under a triple-net (NNN) lease expiring November 30, 2027, with a five-year renewal option. The current annual net operating income (NOI) stands at $70,700, yielding a compelling 6.73% capitalization rate. Built in 1985, this single-building property benefits from annual rent bumps of 3.5%, ensuring consistent income growth. The asking price is $1,050,000 and is structured for a 1031 exchange. This presents a rare chance to acquire a stable, high-performing asset with a quality national tenant, providing long-term financial security and potential appreciation. The property is ideally suited for investors seeking a secure, high-yield investment in the thriving Pensacola medical market. This is a turnkey investment opportunity with minimal management requirements.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $244,189
    6.5%
    $225,405
    7%
    $209,305
  • Comparable approach

    Method
    Valuation
    Relative Method
    $122,031
    Geo Method
    $128,175
  • Alternative Use

    Use
    Valuation
    Residential
    $279,502
    Hospitality
    $256,022
    Educational
    $213,008
    Medical
    $220,333
    Retail
    $331,345
6160 Davis Hwy, Pensacola, Florida

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.4873
Longitude
-87.2222
CBSA code
37860
CBSA name
PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,825
-
-
$164,829
-
$35,000
$129,829
$164,829

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].