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    Desmonde Drive Pensacola, FL 32505

    Source: https://www.saltercompany.com
    For Sale
    $70,000

    8.4 Acres, Zoned MDR, Prime Location

    Property size:
    365,904 SF

    Description

    Added:
    Feb 14, 2025
    Days on Market:
    302
    This exceptional 8.4-acre vacant parcel presents a unique investment opportunity in West Pensacola, Florida. Zoned MDR (Medium Density Residential), this expansive land offers significant development potential. Its strategic location near the intersection of Massachusetts Avenue and Fennel Street provides convenient access to major thoroughfares. The property enjoys close proximity to Mobile Highway and W Fairfield Dr., home to a variety of established retail giants including Walmart Supercenter, The Home Depot, Lowe's, and Walgreens, ensuring high visibility and strong consumer traffic. Direct access from Desmonde Drive, which dead-ends into the property, provides excellent accessibility. The 32505 zip code offers a desirable location within the Pensacola area. With its size and strategic placement, this land is ideal for a variety of commercial or residential developments. The property's zoning and location make it an attractive proposition for developers seeking a prime location in a thriving area. Serious inquiries are encouraged to explore the possibilities this exceptional parcel offers. The land is currently listed at $70,000.

    Property Features for Desmonde Drive

    General Information

    Property type
    Other land
    Square Feet
    365,904 SF
    Price / Square Foot
    $0.19
    Elevators
    N/A
    Lot Size
    365,904 SF

    HighLights

    • Prime 8.4‑acre West Pensacola land, ideal for development.
    • Zoned MDR, offering versatile development potential.
    • Excellent location near major retailers and convenient highway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Pensacola
    State
    Florida

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    FAQs

    What type of property is this?
    Land - 8.4 Acres, Zoned MDR, Prime Location
    Where is this land located?
    The property is located at Desmonde Drive Pensacola, FL.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: Prime 8.4-acre West Pensacola land, ideal for development.; Zoned MDR, offering versatile development potential.; Excellent location near major retailers and convenient highway access.
    (850) 912-4460
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    Desmonde Drive Pensacola, FL 32505
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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
    Desmonde Drive Pensacola, FL 32505
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