1012 N 72nd ave

1012 N 72nd ave, Pensacola, FL 32506

  • For Sale $3,800,000
  • Property Type Senior Housing - Assisted Living Residences
  • Units 65
  • Lot Size 4.87 Acre
  • Cap Rate % 12
  • Zoning HDR
  • Additional Rent Contact for pricing
  • # of Floors 1
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988
  • Year Renovated 2006
  • Date Updated Sep 27, 2024

This ALF was originally licensed for 65 beds.  Currently licensed for 54.

Currently there are 46 residents.

NOI $446,510 / CAP Rate 12%!

Licensed as ALF and Limited Mental Care.

Full equipped commercial kitchen.

Great upside here.  Rents are below market and there are vacancies.

Approximately half the land is vacant meaning there's room to expand.

Plenty of room for walks.  There is a gazebo in the shade of large oaks.  There is also an outdoor putting green for the golfers!  No commercial uses nearby....very quiet!

Fairly new metal roof, A/Cs aren't that old and there are 2 gas powered generators.  The entire bldg is sprinkled (fire).

 

Shown by appointment only!  DO NOT GO TO THE PROPERTY! 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Gary Watson, CCIM

Watson Commercial Group, LLC

CCIM

Location

Getting Around

  • Walk Score ®

    23/100 Car-Dependent
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Pensacola, FL
  • Neighborhood Myrtle Grove
  • Zip Code 32506
  • Market Pensacola

Points of Interest

  • Pensacola

    6.64 miles

  • T & C Number Three Food Mart

    0.34 miles

  • Lucky Penny

    0.41 miles

  • Quick Food Mart

    0.91 miles

  • Tom Thumb

    1.18 miles

  • Quick Fill

    1.26 miles

  • Circle K

    1.70 miles

  • Shell

    1.97 miles

  • Murphy USA

    2.01 miles

  • Cumberland Farms

    2.04 miles

  • ChargePoint

    4.99 miles

  • Dickinson Park

    2.52 miles

  • Fort Redoubt Parking

    4.90 miles

  • Fort Barrancas Parking

    5.26 miles

  • Lighthouse Parking

    5.41 miles

  • Bayou Boulevard Garage

    6.63 miles

  • Parking Lot K

    6.65 miles

  • Parking Lot J

    6.69 miles

  • 9th Avenue Garage

    6.84 miles

  • Parking Lot I

    6.85 miles

  • Parking Lot G2

    6.86 miles

  • Osceola Ranch Motel

    1.89 miles

  • Mona Lisa Motel

    1.91 miles

  • Hospitality Inn

    1.93 miles

  • Holiday Inn Express Hotel & Suites - Pensacola West-Navy Base

    2.01 miles

  • Mayfair Motel

    2.03 miles

  • Super 8 by Wyndham Pensacola West

    2.17 miles

  • Super 8 Pensacola N.A.S. Corry

    2.19 miles

  • Quality Inn N.A.S. - Corry Building 2

    2.19 miles

  • Quality Inn N.A.S. - Corry

    2.20 miles

  • Circle Motel

    2.30 miles

  • Lana's Jamaica House Cafe

    0.36 miles

  • Subway

    0.46 miles

  • Chef King III

    0.46 miles

  • Cazadores Mexican Restaurant

    0.54 miles

  • Papa John's

    0.64 miles

  • Burger King

    1.69 miles

  • Wendy's

    1.70 miles

  • Dunkin' Donuts

    1.86 miles

  • Waffle House

    1.92 miles

  • Denny's

    1.92 miles

  • Little Flower Catholic School

    0.56 miles

  • Escambia High School

    0.65 miles

  • Myrtle Grove Elementary

    0.70 miles

  • Sherwood School

    1.31 miles

  • West Pensacola School

    1.54 miles

  • Pensacola Boys Base

    2.28 miles

  • Pensacola State College - Warrington Campus

    2.40 miles

  • Warrington Middle School

    2.53 miles

  • Edgewater School

    2.62 miles

  • Navy Point Elementary School

    2.69 miles

  • Brite Start Learning & Child Care Center

    1.92 miles

  • Malena's Mini School

    7.64 miles

  • Kid's Place Learning Center

    7.87 miles

  • Kinder Care Learning Center

    8.04 miles

  • Kid's Klub

    8.32 miles

  • PCN Preschool/Daycare

    8.43 miles

Frequently Asked Questions

How much does 1012 N 72nd ave cost?

The space currently listed for sale at 1012 N 72nd ave asks for $3,800,000.

When was this property built?

1012 N 72nd ave was built in 1988.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Gary Watson, CCIM

Watson Commercial Group, LLC

CCIM