10000 Pensacola Blvd Pensacola, FL 32534

This exceptional 6.24-acre redevelopment opportunity in Pensacola, Florida, presents a unique blend of existing structures and significant development potential. Strategically located on Pensacola Boulevard (Highway 29) and extending to North Palafox Street, this property boasts multiple access points, enhancing its versatility. The site comprises two parcels, offering convenient ingress and egress via a median cut on Pensacola Boulevard, facilitating both northbound and southbound traffic flow. Currently, the property features a 7,560 square foot metal building facing Pensacola Boulevard, an 880 square foot concrete block garage, and an 1,822 square foot home situated on North Palafox Street, all of which could be renovated or repurposed. A portion of the land is utilized as an RV/trailer park with month-to-month tenants, presenting an immediate income stream with potential for increased occupancy or redevelopment. An underground gas line easement serves as a private drive, dividing the two parcels. The property benefits from high traffic volume, with Pensacola Boulevard exhibiting approximately 32,066 Average Annual Daily Traffic (AADT) in 2023, and North Palafox Street adding approximately 9,600 AADT. This prime location, just half a mile north of the 9 Mile Road intersection and 2.5 miles north of Interstate 10, is ideal for a variety of development scenarios, including office, retail, restaurant, office/warehouse, and multi-family projects. This is a rare chance to acquire a large tract of land in a thriving area, ready for immediate redevelopment or revitalization of existing structures. The property is listed at $1,895,000.