Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    117 Lenox Pkwy Pensacola, FL 32505

    Source: https://www.saltercompany.com
    For Sale
    $250,000

    Prime Pensacola location, HC/LI zoning, ready to build.

    Property size:
    30,188 SF

    Description

    Added:
    Feb 20, 2025
    Days on Market:
    293
    This 0.69-acre commercial lot in Pensacola, Florida, presents a unique development opportunity. Centrally located just off Palafox Street, the property boasts convenient access from Lenox Parkway to the north and Bayliss Court to the south. The lot measures 100 feet wide by 300 feet deep and is mostly cleared, eliminating the need for extensive site preparation. Previously occupied by structures that have since been removed, the land is ready for immediate development. The property is zoned HC/LI (Heavy Commercial/Light Industrial), offering a wide range of potential uses. Detailed zoning information is available in the attached documents. All utilities, including power, water, and internet, are readily available. A septic tank is present and has been properly capped and pumped. This prime location and flexible zoning make this an exceptional investment for businesses seeking a strategic foothold in Pensacola's thriving commercial sector. The asking price is $250,000.

    Property Features for 117 Lenox Pkwy

    General Information

    Property type
    Other land
    Square Feet
    30,188 SF
    Price / Square Foot
    $8
    Elevators
    N/A
    Lot Size
    30,056 SF

    HighLights

    • 0.69‑acre lot in Pensacola, FL, ready for immediate development.
    • Centrally located near Palafox, zoned HC/LI for diverse uses.
    • Utilities available; cleared lot with 100' width and 300' depth.
    Insight Report Location Intelligence

    Current Use by Public Records

    Xtreme Recovery and Towing Towing Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    State
    Florida
    Longitude
    -87.242953
    Latitude
    30.459056

    Nearby Similar for Sale

    • $950,000

      Turnkey Income Property in Pensacola

      Fully functioning 6-unit income property with high-yield potential.
      2001 N 61St Ave, Pensacola, FL 32506
      View Details
    • New
      $359,900

      Pensacola Duplex with Inground Pool

      Duplex in Pensacola, FL, featuring an inground saltwater pool.
      3781 Nobles St, Pensacola, FL 32514
      View Details
    • $599,900

      Luxury Duplex Near Pristine Beaches

      Upscale duplex investment near beaches with fully furnished units.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details
    • New
      $725,000

      Historic Downtown Pensacola Quadruplex

      Income-producing, furnished quadruplex in Pensacola's historic Old East Hill.
      522 N 7Th Ave, Pensacola, FL 32501
      View Details
    • $590,000
      2,380 SF

      Pensacola Single-Story Home with Pond View

      Four-bedroom home in maritime community with pond and marina access.
      4003 Indigo Dr, Pensacola, FL 32507
      View Details
    • $599,900
      2,440 SF

      Luxury Duplex Near Pristine Beaches

      Luxury duplex investment property with high-end finishes and furnishings.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details

    FAQs

    What type of property is this?
    Land - Prime Pensacola location, HC/LI zoning, ready to build.
    Where is this land located?
    The property is located at 117 Lenox Pkwy Pensacola, FL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 0.69-acre lot in Pensacola, FL, ready for immediate development.; Centrally located near Palafox, zoned HC/LI for diverse uses.; Utilities available; cleared lot with 100' width and 300' depth.
    (850) 432-5320
    Request Owner's contact information
    117 Lenox Pkwy Pensacola, FL 32505
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    117 Lenox Pkwy
    Pensacola, FL 32505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    117 Lenox Pkwy Pensacola, FL 32505
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.