8180 Pensacola BlvdPensacola, FL 32534

Property Details for 8180 Pensacola Blvd

Year built

1991

Construction

TYPE NOT SPECIFIED

Lot size

1.63 AC

Property size (Sq ft)

8,518 SF

Zone code

HC/LI

Property type

Office properties

Property subtype

Office buildings

APN

22-1S-30-1101-012-001

APU

221S301101012001

Description

This exceptional Class A office building, located at 8180 Pensacola Boulevard in Pensacola, Florida, offers 8,500 square feet of executive office space. Built in 1991 and extensively renovated in 2021, the property boasts 19 individual suites, with a minimum divisible space of 100 square feet and a maximum contiguous space of 300 square feet. Currently, 1,200 square feet of space is available for lease. The building sits on a generous 1.68-acre lot (APN: 221S301101012001) and is zoned HC/LI, providing excellent visibility and accessibility. Tenancy is multiple, allowing for flexibility in lease terms and space requirements. The property features convenient access from Highway 29. Leases are all-inclusive, encompassing the use of modern furnishings, multiple conference rooms, a well-equipped kitchen/break room, a dedicated podcast room, and high-speed internet access. This prime location in Escambia County (zip code 32534) offers a sophisticated and functional workspace for businesses seeking a modern and convenient office solution. The building's recent renovation ensures a contemporary and efficient environment for its occupants. This is an excellent opportunity for businesses seeking a turnkey solution with minimal upfront investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,153,632

  6.5%

  $1,064,891

  7%

  $988,828

• Comparable approach

  Method

  Valuation

  Relative Method

  $576,515

  Geo Method

  $605,545

• Alternative Use

  Use

  Valuation

  Residential

  $1,320,465

  Hospitality

  $1,209,539

  Educational

  $1,006,322

  Medical

  $1,040,931

  Retail

  $1,565,390

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.5149

Longitude

-87.27

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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