For Sale
$250,000

2701 W Cervantes St Pensacola, FL 32505

High-visibility, .53-acre C-3 zoned lot. Opportunity Zone.

Source: https://www.saltercompany.com

Overview

Added:
Feb 14
Days on market:
73
This exceptional 0.53-acre commercial property, located on West Cervantes Street in Pensacola, Florida, presents a compelling investment opportunity. Zoned C-3, this lot allows for a diverse range of commercial developments, including retail, office, or mixed-use projects. Its prime location ensures high visibility and easy access to major roadways, maximizing exposure and attracting significant foot traffic. The property's designation as an Opportunity Zone offers potential tax incentives for investors, further enhancing its appeal. Priced at $250,000, this translates to approximately $471,698 per acre, representing a strong value proposition in a thriving commercial area. Ideal for entrepreneurs, developers, and investors seeking to capitalize on the growth potential of this strategic location. This versatile parcel is ready for immediate development, offering a unique chance to establish or expand a business within a dynamic commercial corridor. The property's size and zoning make it suitable for a variety of commercial ventures, promising a significant return on investment. Serious inquiries are encouraged.

Highlights

  • 0.53-acre commercial lot ideal for diverse business uses.
  • C-3 zoning permits retail, office, and other commercial development.
  • Opportunity Zone location offers potential tax advantages for investors.

Property Details for 2701 W Cervantes St

Property type
Land, Commercial land
Square Feet
23,087 SF
Price / Square Foot
$10.83
Year Built
1945
Buildings
1
Stories
1
Total Parking Spaces
10
Elevators
N/A
Lot Size (sq. ft)
23,087 SF

Location Insight

City
Pensacola
County
Escambia
State
Florida

FAQs

What type of property is this?
Land - High-visibility, .53-acre C-3 zoned lot. Opportunity Zone.
Where is the land located?
The property is located at 2701 W Cervantes St Pensacola, FL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.53-acre commercial lot ideal for diverse business uses.; C-3 zoning permits retail, office, and other commercial development.; Opportunity Zone location offers potential tax advantages for investors.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2701 W Cervantes St
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