14 Jordan StPensacola, FL 32501
- Office properties
- 30,044 SF
Property Details for 14 Jordan St
- Year built
- 1949
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.69 AC
- Property size (Sq ft)
- 30,044 SF
- Zone code
- C-2,R-2
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 00-0S-00-9010-001-124
- APU
- 000S009010001124
Description
This exceptional 2,995-square-foot retail space is located in the Midtown Professional Building at 14 W Jordan St, Pensacola, FL 32501. Situated in a Class B, two-story building totaling 34,300 square feet, this unit offers a versatile layout ideal for various uses, including fitness centers, offices, cafes, or wellness centers. The building underwent renovations in 2020 and features convenient amenities such as one elevator and ample parking with 100 spaces. The property is zoned COM and boasts a prime location with easy access to I-10, serving both downtown Pensacola and the broader community. The space is part of a multi-tenant building fostering a diverse professional environment. The minimum divisible space is 2,995 square feet. Located near the intersection of Maxwell and Palafox streets, this property presents a unique opportunity in Escambia County (APN: 000S009010001124). Net, net, net (NNN) rent and utilities total $1,865 per month. This space is perfect for a coffee shop, smoothie bar, craft brewery, yoga studio, or a similar business.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,068,998
- 6.5%
- $3,755,998
- 7%
- $3,487,713
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,033,436
- Geo Method
- $2,135,828
-
Alternative Use
- Use
- Valuation
- Residential
- $4,657,438
- Hospitality
- $4,266,188
- Educational
- $3,549,418
- Medical
- $3,671,488
- Retail
- $5,521,318
Location Insight
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Latitude
- 30.4339
- Longitude
- -87.2212
- 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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