For Sale
$5,750,000

8190 Pensacola Blvd Pensacola, FL 32534

48,018 SF Charter School, High Traffic Area

Source: https://www.saltercompany.com

Overview

Added:
Feb 4
Days on market:
80
This exceptional 48,018-square-foot charter school building, situated on a 5.38-acre lot at 8190 Pensacola Boulevard in Pensacola, Florida, presents a unique investment opportunity. Originally constructed in 1991 and fully renovated in 2012, the property boasts ample frontage along a heavily trafficked roadway, with over 44,000 vehicles passing daily. Its strategic location less than a mile north of Interstate 10 and just over a mile south of Nine Mile Road, a major commercial hub, ensures high visibility and accessibility. The property is also conveniently located less than five miles from Navy Federal Credit Union, Pensacola's largest employer, with over 9,000 employees. Currently operating as the Jacqueline Harris Preparatory Academy (JHPA), a non-profit charter school with a waiting list and 246 students, the building offers significant potential. The surrounding community demonstrates strong support for education, with residents within a 3-mile radius spending over $24 million on education and daycare year-to-date in 2023, creating a sustainable student base. This property is offered below market value and well below replacement cost, representing a compelling investment in a thriving Pensacola neighborhood with over $500 million in consumer spending year-to-date in 2023. The area features national retailers such as Circle K, Metro by T-Mobile, Walmart Supercenter, The Home Depot, and more, further enhancing its desirability. Pensacola, the county seat of Escambia County, is a vibrant city known for its beaches and attracts over 2.5 million visitors annually. This property offers a blend of strong educational performance, prime location, and significant growth potential.

Highlights

  • 48,018 sq ft charter school building on 5.38 acres, offering high visibility on Pensacola Blvd.
  • Prime location near I-10 and major commercial hub, Nine Mile Road, with high traffic counts.
  • Strong local demand, with over $24M spent on education within a 3-mile radius in 2023.

Property Details for 8190 Pensacola Blvd

Property type
Specialty properties, Schools
Square Feet
48,018 SF
Price / Square Foot
$119.75
Year Built
1991
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
234,353 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

What type of property is this?
Specialty property - 48,018 SF Charter School, High Traffic Area
Where is the specialty property located?
The property is located at 8190 Pensacola Blvd Pensacola, FL.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 48,018 sq ft charter school building on 5.38 acres, offering high visibility on Pensacola Blvd.; Prime location near I-10 and major commercial hub, Nine Mile Road, with high traffic counts.; Strong local demand, with over $24M spent on education within a 3-mile radius in 2023.
How can I contact the broker?
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8190 Pensacola Blvd
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