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8190 Pensacola Blvd

46,826 SF Specialty Building Offered at $5,750,000 in Pensacola, FL 32534

Investment Highlights

  • 45,586 square foot charter school on a 5.38-acre lot situated along the heavily trafficked Pensacola Boulevard.
  • 47,200 residents live within a 3-square mile radius of the property: this population tallied a consumer spending total of $500m in 2023.
  • Located less than a mile north from Interstate 10 and a mile south of Nine Mile Road (major commercial hub).
  • Close proximity to national retailers Circle K, Metro by T-Mobile, Walmart Supercenter, The Home Depot, and Navy Federal.

Executive Summary

The offering is a 45,586-square-foot charter school constructed on a 5.38-acre site that provides ample frontage along the heavily trafficked Pensacola Boulevard. The property, located at 8190 Pensacola Boulevard, lies less than a mile north of Interstate 10 and just over a mile south of a major commercial hub, Nine Mile Road. Originally constructed in 1991 as office space for the Department of Children and Families, the property was fully renovated in 2012 and converted into a charter school called Jacqueline Harris Preparatory Academy (JHPA. Jacqueline Harris Preparatory Academy has been operating as a not-for-profit charter school within the Pensacola area since 2003 8190 Pensacola Boulevard is also located less than 5 miles from the city’s largest employer, Navy Federal Credit Union. With over 9,000 employees, Navy Federal continues to grow and serves as an anchor of the Pensacola economy. Due to its location along Pensacola Boulevard, the property is afforded visibility and accessibility to the over 44,000 vehicles traveling along Pensacola Boulevard each day.
Currently, Jacqueline Harris Preparatory Academy boasts a waiting list and offers a current student body occupancy of 246 students. Residents living within a 3-mile radius of the property place an emphasis on education and admission fees, spending over $24M on education and daycare YTD in 2023. The residents also provide a sustainable student body pool for years to come.
8190 Pensacola Boulevard is located in the northeast corridor of Pensacola. Pensacola is the westernmost city along the Florida Panhandle and is the county seat of Escambia County. Known for its miles of white sandy beaches meeting the iconic blues of the Gulf of Mexico, Pensacola attracts more than 2.5 million visitors annually. Downtown Pensacola is commonly referred to as Florida’s Greatest Place, offering residents and visitors a refreshing mix of historic roots blended with a diverse community that can enjoy the many amenities of the city’s downtown. Art and history play a major part in the city and can be explored and admired at the Pensacola Museum of Art of the Plaza de Luna Memorial Monument.

Property Facts

Price $5,750,000
Price Per SF $123
Sale Type Investment
Property Type Specialty
Property Subtype Schools
Building Class B
Lot Size 5.38 AC
Building Size 46,826 SF
No. Stories 1
Year Built 1991
Parking Ratio 4.27/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-1S-30-1101-005-001
Land Assessment
$389,900
Improvements Assessment
$1,709,993
Total Assessment
$2,099,893

zoning

Zoning Code HC/LI (Heavy Commercial/Light Industrial)
HC/LI (Heavy Commercial/Light Industrial)
  • Listing ID: 34047224

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 8190 Pensacola Blvd, Pensacola, FL 32534

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