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    1801 N Palafox St Pensacola, FL 32501

    Source: https://www.saltercompany.com
    For Sale
    $249,000

    0.47-acre lot near downtown, C-2 zoning.

    Property size:
    20,473 SF

    Description

    Added:
    Feb 17, 2025
    Days on Market:
    295
    This exceptional 0.47-acre commercial property, located at 1801 N Palafox St, Pensacola, FL 32501, presents a unique development opportunity. Boasting 110 feet of frontage on Palafox Street and zoned C-2, this lot offers unparalleled potential for a variety of commercial ventures. Its strategic location less than a mile from Downtown Pensacola places it within a rapidly developing area poised for significant growth. The property will benefit directly from the ongoing Hollice T. Williams Park and stormwater project, a city initiative designed to enhance the neighborhood with improved infrastructure, green spaces, and increased pedestrian traffic. This transformative project is expected to significantly increase property values in the area. The site's high visibility and accessibility on a thriving commercial corridor make it ideal for retail spaces, office buildings, or mixed-use developments. This is a rare chance to acquire a prime piece of land in one of Pensacola's most promising growth zones. The asking price is $249,000. Don't miss this chance to capitalize on this exceptional investment opportunity.

    Property Features for 1801 N Palafox St

    General Information

    Property type
    Other land
    Square Feet
    20,473 SF
    Price / Square Foot
    $12
    Elevators
    N/A
    Lot Size
    20,473 SF

    HighLights

    • 0.47‑acre commercial lot in Pensacola, FL, near downtown.
    • C‑2 zoning allows diverse development options, including retail or office.
    • Prime location benefits from nearby park improvements and high visibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.219964
    Latitude
    30.430912

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    FAQs

    What type of property is this?
    Land - 0.47-acre lot near downtown, C-2 zoning.
    Where is this land located?
    The property is located at 1801 N Palafox St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: 0.47-acre commercial lot in Pensacola, FL, near downtown.; C-2 zoning allows diverse development options, including retail or office.; Prime location benefits from nearby park improvements and high visibility.
    (850) 912-4460
    Request Owner's contact information
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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
    1801 N Palafox St Pensacola, FL 32501
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