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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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