25 Cedar StPensacola, FL 32502
- Office properties
- 82,180 SF
Property Details for 25 Cedar St
- Year built
- 1986
- Construction
- CONCRETE
- Lot size
- 0.46 AC
- Property size (Sq ft)
- 82,180 SF
- Zone code
- WRD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 00-0S-00-9100-002-034
- APU
- 000S009100002034
Description
This exceptional Class A office building, located in the heart of Downtown Pensacola, offers unparalleled waterfront views of Pensacola Bay, Palafox Pier Marina, and Plaza de Luna Park. The Harbourview on the Bay building comprises approximately 69,000 square feet of commercial office space, distributed across six floors in a single building. Two high-speed elevators service all floors. Currently, two contiguous office spaces are available, totaling 13,070 square feet (4,804 sq ft on the first floor and 8,266 sq ft on the mezzanine level). This space will be available in April 2024 and includes electricity. The building features a large covered parking garage and shared bathrooms on each floor. Its prime downtown location provides easy access to a vibrant array of restaurants, shops, entertainment venues, including the Blue Wahoo Stadium, and the theatre and arts district. This is a rare opportunity to secure space in one of the most desirable and sought-after locations in Pensacola. The property is conveniently situated near Cedar and Palafox Streets, in Escambia County (APN: 000S009100010025). This is the last available space in this prestigious building.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $11,130,019
- 6.5%
- $10,273,863
- 7%
- $9,540,016
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,562,102
- Geo Method
- $5,842,176
-
Alternative Use
- Use
- Valuation
- Residential
- $12,739,591
- Hospitality
- $11,669,397
- Educational
- $9,708,801
- Medical
- $10,042,702
- Retail
- $15,102,579
Location Insight
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Latitude
- 30.4064
- Longitude
- -87.2151
- 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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- Please email our support team at [email protected] and they will add the team member.
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