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    479 creighton road Pensacola, FL 32504

    Source: https://www.saltercompany.com
    For Sale
    $950,000

    1.29 Acres, High Traffic, University Area

    Property size:
    56,616 SF

    Description

    Added:
    Feb 19, 2025
    Days on Market:
    293
    This exceptional 1.29-acre commercial land parcel presents a unique investment opportunity in Pensacola, Florida. Strategically located directly across from the bustling University Town Plaza, this property boasts unparalleled visibility and accessibility. Major retailers such as BJ's Club, Academy, JCPenney, Cheddar's, Bubba Gump Shrimp Co., and Jim 'n Nick's BBQ are immediate neighbors, ensuring high foot traffic and brand recognition. The site is an outparcel of two Marriott hotels, further enhancing its prime location. Access is provided via both Burgess Road and Creighton Road, with Creighton Road experiencing 13,500 cars daily and Davis Highway seeing 42,500 cars daily. Its proximity to the I-110 and I-10 on-ramp provides easy access to major transportation arteries. The property offers 100% usable land, complemented by an off-site retention pond, simplifying development. While ideal for a variety of commercial uses, hospitality-related businesses are not permitted. Priced at $950,000, this is a rare chance to acquire a high-traffic, well-located commercial lot in a thriving Pensacola area. The zoning allows for a wide range of commercial development opportunities.

    Property Features for 479 creighton road

    General Information

    Property type
    Other land
    Square Feet
    56,616 SF
    Price / Square Foot
    $16
    Elevators
    N/A
    Lot Size
    56,628 SF

    HighLights

    • Prime 1.29‑acre Pensacola commercial lot, ideal for development.
    • Exceptional location across from University Town Plaza, boasting high traffic counts.
    • Convenient access to major highways (I‑110 & I‑10) and significant daily traffic flow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    City
    Pensacola
    State
    Florida

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    FAQs

    What type of property is this?
    Land - 1.29 Acres, High Traffic, University Area
    Where is this land located?
    The property is located at 479 creighton road Pensacola, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Prime 1.29-acre Pensacola commercial lot, ideal for development.; Exceptional location across from University Town Plaza, boasting high traffic counts.; Convenient access to major highways (I-110 & I-10) and significant daily traffic flow.
    (850) 232-7576
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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
    479 creighton road Pensacola, FL 32504
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