3885 Palafox StPensacola, FL 32505

Property Details for 3885 Palafox St

Year built

1986

Construction

TYPE NOT SPECIFIED

Lot size

0.79 AC

Property size (Sq ft)

14,941 SF

Zone code

HC/LI

Property type

Industrial properties

Property subtype

Flex space

APN

05-2S-30-1001-004-023

APU

052S301001004023

Description

This exceptional 10,168-square-foot warehouse, situated on a 1.07-acre corner lot at 3885 N. Palafox St. in Pensacola, Florida, presents a compelling investment opportunity. The property, built in 1988 and extensively renovated in 2023, boasts a Class B designation and is currently vacant. The single-story building features approximately 4,140 square feet of office space and 6,028 square feet of warehouse space. Ceiling heights vary, with 16 feet in the southern half and 10 feet in the northern half. The property benefits from a fenced yard and a highly desirable location, situated between Fairfield and Pace Boulevards on Palafox Street (Highway 29). The sale includes two parcels, identified by APN numbers 05-2S-30-1001-004-023 and 08-2S-30-4004-000-001. The property is zoned HC-LI. The asking price is $985,000, translating to $96.87 per square foot. While previously leased, the property is now available for immediate occupancy. This prime location offers excellent accessibility and visibility, making it ideal for a variety of industrial uses. The property's recent renovation ensures modern functionality and efficiency.

• Alternative Use

  Use

  Valuation

  Residential

  $2,316,162

  Hospitality

  $2,121,592

  Educational

  $1,765,140

  Medical

  $1,825,846

  Retail

  $2,745,773

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4525

Longitude

-87.2344

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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