For Sale
$4,100,000

4700 Bayou BlvdPensacola, FL 32504

Pensacola Office Building, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 37,110-square-foot office complex located at 4700 Bayou Blvd in Pensacola, Florida. The property, built in 1983, sits on a 3.7-acre lot and boasts a 6.75% cap rate with 100% occupancy. The single-story building comprises nine units, totaling 1,510 square feet of net rentable space, making it suitable for a variety of office uses, including traditional and medical offices. The property is zoned C-1, offering flexibility for future development. Its prime location near Pensacola International Airport, Ascension Sacred Heart Hospital, Cordova Mall, and Pensacola Community College ensures high visibility and accessibility. The asking price is $4,100,000, translating to $136.24 per square foot. Detailed financial information is available upon request with a non-disclosure agreement. This is a rare opportunity to acquire a well-located, high-performing commercial property in a thriving market. The property's strong performance and strategic location make it an ideal investment for long-term growth and potential redevelopment. The building's current configuration offers immediate income potential, while the expansive lot size presents significant upside for future expansion or repositioning. This is a turnkey investment ready for a new owner.

Highlights

  • High-visibility 3.69-acre site on Bayou Blvd.
  • 30,093 SF building near Pensacola International Airport, Ascension Sacred Heart Hospital, Cordova Mall, and Pensacola Community College.
  • Excellent redevelopment opportunity.

Property Details for 4700 Bayou Blvd

Property type
Office properties, Medical offices
Square Feet
37,110 SF
Class
C
Year Built
1983
Buildings
1
Stories
1
Lot Size (sq. ft)
161,172 SF
Units
9

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.4862944
Longitude
-87.192136
4700 Bayou Blvd, Pensacola, Florida

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4700 Bayou Blvd
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