900 Garden Gate CirPensacola, FL 32504

Property Details for 900 Garden Gate Cir

Year built

1998

Construction

WOOD

Lot size

0.38 AC

Property size (Sq ft)

4,152 SF

Zone code

R-2

Property type

Office properties

Property subtype

Office buildings

APN

33-1S-30-1010-000-005

APU

331S301010000005

Description

This exceptional Class A medical office building, located at 900 Garden Gate Cir, Pensacola, FL 32504, presents a unique investment opportunity. The 3,800 square foot, single-tenant property sits on a 0.38-acre lot and boasts 17 parking spaces. Built in 1998, the single-story building features six 15' x 15' offices with 9' ceilings, custom built-in bookshelves, and exterior windows. Additional amenities include a large waiting area with 14' vaulted ceilings, a spacious conference room, four ADA-compliant bathrooms, a large administrative space (including a manager's office), a kitchen, and a walk-in storage closet. High-end finishes throughout include commercial-grade, noise-dampening carpeting in offices and hallways, tiled waiting room, kitchen, and wet areas, and solid core interior doors with premium hardware. The exterior features a wide roof overhang covering a 5' sidewalk. Recent upgrades include a new water heater (2017), roof (2019), two AC units (post-2019), and carpeting (2021). The property also includes a security system and irrigation system. Conveniently located near hospitals and the international airport, with easy access to major thoroughfares and less than a half-mile from I-110 interchange. The property is zoned R-2 and offered at $950,000 ($250/SF). This is a must-see property for discerning investors. APN: 331S301010000005, 331S301010000100.

• CAP approach

  CAP return

  Valuation

  6%

  $562,325

  6.5%

  $519,069

  7%

  $481,993

• Comparable approach

  Method

  Valuation

  Relative Method

  $281,015

  Geo Method

  $295,166

• Alternative Use

  Use

  Valuation

  Residential

  $643,645

  Hospitality

  $589,576

  Educational

  $490,520

  Medical

  $507,390

  Retail

  $763,031

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.4819

Longitude

-87.22

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].