8801 Grow DrPensacola, FL 32514

Property Details for 8801 Grow Dr

Year built

1992

Construction

TYPE NOT SPECIFIED

Lot size

8.00 AC

Property size (Sq ft)

8,000 SF

Zone code

HC/LI

Property type

Showrooms

APN

03-1S-29-1002-000-010

APU

031S291002000010

Description

This exceptional 89,636-square-foot industrial property in Pensacola, Florida, presents a unique sale/leaseback opportunity. Located at 8801 Grow Drive, this single-tenant building sits on a spacious 14.9-acre lot zoned HC/LI, offering ample space for operations and expansion. The warehouse boasts 6 dock-high doors with levelers, enhancing efficient loading and unloading. Additional access is provided by one 9' x 14' drive-in door and four 12' x 14' drive-in doors designed for convenient cross-access. The building features a ceiling height ranging from 16 to 22 feet, accommodating various storage and operational needs. Approximately 8,000 square feet are dedicated to office space. The property also includes a large paved and fenced lay-down yard, providing substantial outdoor storage capacity. With 165 parking spaces, ample employee parking is ensured. Its strategic location offers easy access to I-10 and Highway 90, providing excellent connectivity for transportation and logistics. The property is available for occupancy in the first quarter of 2026, with the current owner leasing back until their relocation. This presents a compelling investment opportunity for owner-occupants or investors seeking a prime industrial asset in a desirable location. The APN is 031S291002000010.

• CAP approach

  CAP return

  Valuation

  6%

  $1,592,711

  6.5%

  $1,470,195

  7%

  $1,365,181

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,364,468

  Geo Method

  $1,433,174

• Alternative Use

  Use

  Valuation

  Residential

  $1,240,165

  Hospitality

  $1,135,984

  Educational

  $945,125

  Medical

  $977,630

  Retail

  $1,470,195

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.5224

Longitude

-87.1911

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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