8800 University PkwyPensacola, FL 32514

Property Details for 8800 University Pkwy

Year built

1985

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

2,597 SF

Zone code

HC/LI

Property type

Office properties

Property subtype

Office buildings

APN

14-1S-30-6100-004-002

APU

141S306100004002

Description

This exceptional 2,400 square foot executive office suite is immediately available within a larger 4,800 square foot single-story building located at 8800 University Parkway, A3. The property, built in 1995, is classified as Class C and features a convenient location with easy access to Nine Mile Road. The suite itself offers a versatile layout including 15 individual offices, two spacious classrooms, and ample restroom facilities with eight half-bathrooms. A large kitchen and a smaller 3.5-sink kitchenette are also included. The space is unfurnished, allowing for complete customization to suit your specific business needs. The building offers a total of 20 parking spaces for tenants and employees. The property is zoned HC/LI (Heavy Commercial/Light Industrial), providing flexibility for a variety of business types. The minimum divisible space is 2,400 square feet, with the entire 4,800 square feet available if needed. Note that there are no elevators in this single-story building. Property APN: 141S306100004002 141S306100003002. Electricity is the primary power source.

• CAP approach

  CAP return

  Valuation

  6%

  $351,724

  6.5%

  $324,668

  7%

  $301,478

• Comparable approach

  Method

  Valuation

  Relative Method

  $175,770

  Geo Method

  $184,621

• Alternative Use

  Use

  Valuation

  Residential

  $402,588

  Hospitality

  $368,769

  Educational

  $306,811

  Medical

  $317,363

  Retail

  $477,262

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.5246

Longitude

-87.221

CBSA code

37860

CBSA name

PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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