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    2907 N Dr Martin Luther King Jr Dr Pensacola, FL 32503

    Sponsored
    For Sale
    $52,000

    Land/Acreage - Pensacola, FL

    Lot size:
    0.18 Acres
    Days on Market:
    54
    Last Refresh:
    Jan 7 at 10:06 pm

    Property Features for 2907 N Dr Martin Luther King Jr Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    042S306003007001
    Lot size
    0.18 Acres

    Building Details

    Architectural style
    Other

    Kuhn Realty (850) 266-7557

    Listing agent Seay Phillips (850) 266-7557

    Listing date Nov 15, 2025

    MLS# 662604 Listing URL

    Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pensacola Cleared Commercial Land Parcel

    This cleared 0.18-acre lot is centrally located in Pensacola, directly across from the Post Office. The property is zoned Heavy Commercial/Light Industrial (HC/LI), offering versatility for various permitted uses, including residential. Electric and city water utilities are available. The lot is ready for development and features excellent access and visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.216308
    Latitude
    30.442463

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    FAQs

    What type of property is this?
    Land - Cleared 0.18-acre lot in high-visibility Pensacola location.
    Where is this land located?
    The property is located at 2907 N Dr Martin Luther King Jr Dr Pensacola, FL.
    What is the asking price?
    The asking price for this property is $52,000.
    What are key features of this property?
    This property features: - Prime location directly across from the Post Office in a high-visibility area; - Cleared .18-acre lot ready for development; - Zoned Heavy Commercial/Light Industrial (HC/LI) allowing for a wide range of permitted uses including residential
    (850) 266-7557
    Request Owner's contact information
    2907 N Dr Martin Luther King Jr Dr Pensacola, FL 32503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2907 N Dr Martin Luther King Jr Dr Pensacola, FL 32503
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