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    480 W Wright St Pensacola, FL 32501

    New
    Picture of Commercial land at W Wright St 480, Pensacola, FL
    For Sale
    $139,000

    Residential Lots - Pensacola, FL

    Lot size:
    0.10 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 480 W Wright St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    000S009010030004
    Lot size
    0.10 Acres

    Building Details

    Architectural style
    Other

    GUNTHER PROPERTIES, LLC 225 850-433-0666

    Listing agent Fred Gunther (850) 433-5000

    Listing date Dec 3, 2025

    MLS# 669643 Listing URL

    Copyright © 2025 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 Residential Lots For Sale

    This 30’x150’ lot is situated near the NE corner of Devilliers Street and Wright Street in the heart of the historic Belmont Devilliers Neighborhood. The property, with a lot size of 0.1033 acres, is located in the Urban Core CRA, Inner City CRA, Urban Infill program, and the CRA Urban Design Overlay District. Zoned C-2, the property is surrounded by a mix of new and historic retail, office, restaurant and residential developments, including Savoy Place, the Gordon Community Art Center, Blue Dot restaurant, Five Sisters restaurant, Pacific Kava & Coffee Bar, Betty’s, Kalbi Ichiban Restaurant, and Salon San Carlos. Parking requirements are reduced in this area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.222126407
    Latitude
    30.415713981

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    FAQs

    What type of property is this?
    Commercial land - Located in the historic Belmont Devilliers Neighborhood, zoned C-2.
    Where is this commercial land located?
    The property is located at 480 W Wright St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: - Located in the heart of the historic Belmont Devilliers Neighborhood.; - Zoned C-2, allowing for a variety of commercial uses.; - Situated within the Urban Core CRA, Inner City CRA, Urban Infill program, and CRA Urban Design Overlay District.
    (850) 433-5000
    Request Owner's contact information
    480 W Wright St Pensacola, FL 32501
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    Pensacola, FL 32501
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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
    480 W Wright St Pensacola, FL 32501
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