3225 L StPensacola, FL 32505

  • Retail space
  • 24,414 SF
For Lease
$17/SF/YR View listing

Property Details for 3225 L St

Year built
1984
Construction
TYPE NOT SPECIFIED
Lot size
0.95 AC
Property size (Sq ft)
24,414 SF
Zone code
HC/LI
Property type
Retail space
APN
09-2S-30-1100-005-238
APU
092S301100005238

Description

This 3,000-square-foot single-tenant industrial warehouse, located at 3225 N L Street, between Fairfield and N L Street, offers a fantastic short-term lease opportunity. Built in 1990 (and renovated the same year), this one-story building boasts a 16-foot ceiling height, perfect for various industrial uses. The property includes two parking spaces and 220-volt power. Features include a retail glass door and a single commercial door. Electricity is included, with estimated costs ranging from $100 to $150 per month. The space is zoned HC/LI. Note that the tenant is responsible for their own waste disposal (no garbage pickup service is provided), insurance for the contents, and a 3.5% sales tax. There are currently no bathrooms or kitchen facilities; however, these could potentially be added. No chemicals are permitted on the premises. This is an ideal space for businesses seeking a flexible, short-term lease in a convenient location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,860,557
    6.5%
    $4,486,668
    7%
    $4,166,192
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,164,016
    Geo Method
    $4,373,690
  • Alternative Use

    Use
    Valuation
    Residential
    $3,784,672
    Hospitality
    $3,466,740
    Educational
    $2,884,286
    Medical
    $2,983,482
    Retail
    $4,486,668

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.4462
Longitude
-87.2362
CBSA code
37860
CBSA name
PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,207
-
-
$474,331
-
$57,000
$417,331
$474,331

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