5365 Nine Mile RdPensacola, FL 32526

Property Details for 5365 Nine Mile Rd

Lot size

5.15 AC

Property type

Other commercial real estate

Property subtype

Other land

Description

This exceptional 5.15-acre commercial land parcel presents a compelling investment opportunity in Pensacola, Florida. Located at 5365 W Nine Mile Rd, this property boasts a highly desirable location, offering 290 feet of frontage on Nine Mile Road, a major thoroughfare with an impressive Average Annual Daily Traffic (AADT) count of 20,500 vehicles. Its strategic position sits between the Navy Federal Credit Union campus and a newly constructed Publix shopping center, ensuring high visibility and significant foot traffic. The property is zoned COM, providing flexibility for a wide range of commercial developments. Included on the property is a 3,710 square foot brick house, although it is not factored into the asking price of $1,895,000. The property also features a paved driveway, a barn, and a pool. The land itself is priced at $367,961 per acre, reflecting its prime location and development potential. The property's APN is 08-1S-31-2101-000-001. Currently, the owners reside in the existing house on the property. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly growing area of Pensacola, Escambia County, Florida, zip code 32526. Don't miss this chance to capitalize on this prime location.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Latitude

30.5337

Longitude

-87.3724

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