10100 Pensacola BlvdPensacola, FL 32534

This exceptional 2.5-acre commercial land parcel presents a compelling redevelopment opportunity in Pensacola, Florida. Located at 10100 Pensacola Blvd., this property boasts 200 feet of frontage on both Pensacola Boulevard (Hwy 29) and Palafox Highway, experiencing high daily traffic counts of 32,066 and 10,000 vehicles respectively in 2023. Currently featuring five existing residential rental buildings and a commercially leased antique store, the site is zoned COM, allowing for up to 25 units per acre, making it ideal for multi-family development in a market with high demand. All utilities are readily available, and the property benefits from dual street access, mature oak trees, five septic systems, and multiple electrical panels. Its strategic location within a thriving mixed-use commercial area, near the Nine Mile Road Trade Corridor and Interstate 10, offers excellent visibility and accessibility, making it attractive for a variety of commercial ventures, including industrial complexes. The property's combined frontage totals 400 feet, and it is situated within a 10-mile radius encompassing a population of 287,134 and 137,638 employees. The asking price is $799,000, and the APN is 091S301101000010. This is a rare chance to acquire a significant piece of land in a high-growth area with substantial potential for future development.