328 Navy BlvdPensacola, FL 32507

  • Commercial land
  • 0.26 AC
For Sale
$80,000 View listing

Property Details for 328 Navy Blvd

Year built
1948
Lot size
0.26 AC
Zone code
COM
Property type
Commercial land
APN
51-2S-30-7062-037-032
APU
512S307062037032

Description

This exceptional 11,250 square foot commercial lot is ideally situated in Pensacola, Florida, at 328 S Navy Blvd, in Escambia County (APN: 512S307062037032). Zoned for Commercial use (COM), this property presents a unique investment opportunity at a compelling price of $80,000, translating to $7.11 per square foot. The location offers significant advantages, being just three blocks south of Barrancas Avenue, on the east side of Navy Boulevard, and positioned between Sunset and Palmetto streets. Its proximity to the main gate of the Pensacola Naval Air Station ensures high visibility and potential for substantial foot traffic. The lot is conveniently located across Navy Boulevard from St. John's Catholic Church, further enhancing its accessibility and prominence. A sewer lift station is situated on Sunset Avenue, south of the property, providing essential infrastructure. This lot is adjacent to a similarly sized parcel currently listed for $65,000, presenting potential for expansion or synergistic development. This prime commercial land offers significant potential for a variety of businesses seeking a high-traffic location near a major military installation. The property's size and zoning make it suitable for hospitality, office, or retail ventures. Don't miss this opportunity to acquire a strategically located commercial lot in a thriving Pensacola neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,743,982
    Hospitality
    $1,597,478
    Educational
    $1,329,083
    Medical
    $1,374,792
    Retail
    $2,067,462

Location Insight

City
Pensacola
County
Escambia
State
Florida
Latitude
30.3829
Longitude
-87.2776
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
$239
-
-
$16,875
-
$16,875
-
$16,875

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