3449 Barrancas AvePensacola, FL 32507

  • Commercial land
  • 1.40 AC
For Sale
$449,000 View listing

Property Details for 3449 Barrancas Ave

Year built
1960
Lot size
1.40 AC
Zone code
COM
Property type
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
    Industrial / Distribution
    $16,339,600
    Retail / Commercial
    $8,511,070
    Mixed-Use / Specialty
    $8,584,890
    Hospitality / Lodging
    $6,434,080
    Office
    $8,642,390
    Institutional / Educational
    $8,962,060
    Residential Income
    $10,485,600
    Multifamily
    $11,998,400
    Automotive / Energy
    $7,681,760
    Parking / Income-Based Land
    $2,547,970
    Restaurant / Food Service
    $4,687,380
    Healthcare / Senior Housing
    $8,696,830

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,195
-
-
$84,970
-
$95,155
-
$95,155

FAQs

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