3449 Barrancas AvePensacola, FL 32507
- Land
- 1.40 AC
Property Details for 3449 Barrancas Ave
- Year built
- 1960
- Lot size
- 1.40 AC
- Zone code
- COM
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 50-2S-30-1001-006-001
- APU
- 502S301001006001
Description
This exceptional 1.62-acre commercial land parcel, located at 3449 Barrancas Ave in Pensacola, Florida (zip code 32507), presents a unique investment opportunity. The property boasts 300 feet of frontage on Barrancas Ave, enjoying high visibility with approximately 26,000 vehicles passing daily. The assemblage comprises two lots, with the majority (1.4 acres) zoned for commercial use (COM zoning) and a smaller portion (0.22 acres) designated as MDR zoning. Currently, a billboard generates $1,200 annual income under a year-to-year lease, offering potential for renegotiation or termination by a new owner. The property's strategic location and mixed zoning make it suitable for a variety of commercial ventures, including but not limited to dollar stores, automotive service centers, marine-related businesses, general retail establishments, or office spaces. The property's APN is 502S301001006001. This is a prime opportunity to capitalize on the high traffic count and desirable location in Escambia County. The asking price for this exceptional property is $449,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $9,455,790
- Hospitality
- $8,661,453
- Educational
- $7,206,227
- Medical
- $7,454,060
- Retail
- $11,209,686
Location Insight
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Latitude
- 30.3934
- Longitude
- -87.2556
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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