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10171 N Palafox St Pensacola, FL 32534

View on Map
For Sale
$799,000

2.5 AC Redevelopment Opportunity Pensacola Blvd / Palafox Hwy For Sale

Property size:
108,900 SF
Lot size:
2.50 Acres
Price / SF:
$7/SF
Added:
Feb 13, 2025
Days on Market:
432
Last Refresh:
Mar 16 at 9:06 am

Property Features for 10171 N Palafox St

General Information

Standard status
Active
Property type
Other retail properties, Individual retail properties, Commercial land, Retail properties & Spaces, Land
Size
108,900 SF
Total Parking Spaces
1
Elevators
N/A
Lot size
2.50 Acres

Building Details

Year Built
1950
Buildings
2
Stories
1

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Listing Contact
Paul Salter

Listing agent Paul License #FL BK3105171

Listing office Salter Commercial, LLC

Listing date Feb 13, 2025


Overview

Pensacola Redevelopment Opportunity on Palafox

This 2.5-acre commercial property is located at 10171 N Palafox St in Pensacola, Florida. The site, assembled from two adjacent lots, benefits from a location on Pensacola Boulevard (Hwy 29) and Palafox Highway, with a combined daily traffic count exceeding 42,000 vehicles. The property currently includes five buildings: a commercial building leased to an antique store with a lease expiring in December 2026 at $3,000 per month, a cottage rented for $1,100 per month, and a double-wide trailer rented for $1,500 per month. All utilities are available. The property also features mature oak trees, five septic systems, multiple electrical panels, and dual street access. Zoned to allow 25 units per acre, the site is suitable for multi-family development. Its proximity to Interstate 10 and industrial and trade businesses also makes it ideal for an industrial complex. The property has access to Pensacola Blvd with a traffic count of 32,066 and Palafox with 10,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Pensacola
County
Escambia
State
Florida
Longitude
-87.2822
Latitude
30.5334

FAQs

What type of property is this?
Other retail property - 2.5 AC Redevelopment Opportunity Pensacola Blvd / Palafox Hwy For Sale
Where is this other retail property located?
The property is located at 10171 N Palafox St Pensacola, FL.
What is the asking price?
The asking price for this property is $799,000.
More about this property
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