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    5000 Blk N 9th Ave Pensacola, FL 32503

    Source: https://www.saltercompany.com
    For Sale
    $1,290,000

    Prime Cordova District acreage. High-traffic location.

    Property size:
    121,968 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 2.71-acre parcel is situated on bustling N 9th Avenue in Pensacola, Florida, placing it squarely within the coveted Cordova Business District. The property presents a significant development opportunity due to its high visibility and convenient access. A wetlands report is available upon request, detailing the approximately 1.8 acres of uplands suitable for construction. The expansive lot size offers considerable flexibility for a variety of commercial ventures, capitalizing on the area's strong economic activity and high traffic volume. The address is within the 32503 zip code in Escambia County. This is a rare chance to acquire a substantial land holding in a prime Pensacola location. The asking price for this exceptional property is $1,290,000. Serious inquiries are encouraged to explore the potential of this remarkable commercial land opportunity. Further details regarding zoning and development possibilities can be provided upon request. Don't miss this chance to secure a prominent position in Pensacola's thriving business community.

    Property Features for 5000 Blk N 9th Ave

    General Information

    Property type
    Other land
    Square Feet
    121,968 SF
    Price / Square Foot
    $10
    Elevators
    N/A
    Lot Size
    118,048 SF

    HighLights

    • 2.71 acres of prime Pensacola commercial land, ideally located on busy N 9th Avenue.
    • Situated in Cordova Business District, offering high visibility and accessibility.
    • Wetlands report available showing 1.8 acres of developable uplands.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office 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
    State
    Florida
    Longitude
    -87.212492
    Latitude
    30.47138

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    FAQs

    What type of property is this?
    Land - Prime Cordova District acreage. High-traffic location.
    Where is this land located?
    The property is located at 5000 Blk N 9th Ave Pensacola, FL.
    What is the asking price?
    The asking price for this property is $1,290,000.
    What are key features of this property?
    This property features: 2.71 acres of prime Pensacola commercial land, ideally located on busy N 9th Avenue.; Situated in Cordova Business District, offering high visibility and accessibility.; Wetlands report available showing 1.8 acres of developable uplands.
    (850) 564-0120
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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
    5000 Blk N 9th Ave Pensacola, FL 32503
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