2441 9Th AvePensacola, FL 32503

Property Details for 2441 9Th Ave

Year built

1986

Construction

WOOD

Lot size

0.97 AC

Property size (Sq ft)

11,092 SF

Zone code

R-2

Property type

Office properties

Property subtype

Office buildings

APN

00-0S-00-9025-002-288

APU

000S009025002288

Description

This exceptional, single-story Class B medical office building in Pensacola, Florida, totals 6,972 square feet on a 0.96-acre lot. Currently, 6,607 square feet is available for lease in Suite 2441-A, ideal for a medical practice seeking a move-in ready space. The suite boasts nine exam rooms, a spacious waiting area and reception with two nurses' stations, three first-floor private offices, and an additional private office on the second floor. A large lab space and a kitchen/breakroom are also included. The building features convenient access to I-110, Cordova Mall, and downtown Pensacola, ensuring excellent visibility and accessibility for patients. The property offers ample lighted parking with 34 spaces, plus monument signage on 9th Avenue for enhanced visibility. Exterior amenities include a peaceful seating area with benches and a grassy area. The building does not have elevators. This is a multi-tenant building. The property is located at 2441 N 9th Ave, Pensacola, FL 32503.

• CAP approach

  CAP return

  Valuation

  6%

  $1,502,241

  6.5%

  $1,386,684

  7%

  $1,287,635

• Comparable approach

  Method

  Valuation

  Relative Method

  $750,728

  Geo Method

  $788,530

• Alternative Use

  Use

  Valuation

  Residential

  $1,719,488

  Hospitality

  $1,575,042

  Educational

  $1,310,416

  Medical

  $1,355,484

  Retail

  $2,038,426

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4386

Longitude

-87.211

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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