99 Alcaniz StPensacola, FL 32502
- Office properties
- 4,505 SF
Property Details for 99 Alcaniz St
- Year built
- 1952
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.61 AC
- Property size (Sq ft)
- 4,505 SF
- Zone code
- HC-1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 00-0S-00-9001-003-213
- APU
- 000S009001003213
Description
This exceptional 4,505-square-foot, single-story office building is ideally situated at 99 S Alcaniz St, Pensacola, FL 32502, on the northwest corner of S. Alcaniz St. and E. Romana St. Built in 1952 and extensively renovated in 2022, this Class B property offers excellent visibility and walkability to downtown Pensacola's vibrant core, just blocks from Palafox Street and Seville Square. The building features two separate entrances, each with its own lobby, providing flexibility for multiple tenants. The interior boasts two conference rooms, a large open reception area, fourteen private offices (most with exterior windows), an IT room, four restrooms, and ample storage. New carpet tiles enhance the modern feel. The property includes a private parking lot with twelve spaces, supplemented by convenient street parking. The building is zoned HC-1 and offers a 120-volt power supply. The entire 4,505 square feet is currently vacant and can be leased as a whole or divided into two smaller suites of 1,840 and 2,665 square feet. This is a rare opportunity to secure a well-maintained, centrally located office building in the heart of Pensacola's thriving downtown area. No elevators are present.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $610,133
- 6.5%
- $563,200
- 7%
- $522,971
-
Comparable approach
- Method
- Valuation
- Relative Method
- $304,907
- Geo Method
- $320,260
-
Alternative Use
- Use
- Valuation
- Residential
- $698,368
- Hospitality
- $639,701
- Educational
- $532,224
- Medical
- $550,528
- Retail
- $827,904
Location Insight
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Latitude
- 30.4125
- Longitude
- -87.2103
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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