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    7724 old palafox Pensacola, FL 32514

    Source: https://www.saltercompany.com
    For Sale
    $225,000

    High-traffic corner lot, ideal for retail.

    Property size:
    47,916 SF

    Description

    Added:
    Feb 20, 2025
    Days on Market:
    294
    This exceptional 1.1-acre commercial lot is situated at the highly visible intersection of Olive Road and Palafox Highway in Pensacola, Florida. The property boasts a prime southeast corner location, benefiting from excellent visibility and accessibility. Its zoning allows for a variety of commercial and industrial uses, making it an attractive investment opportunity for entrepreneurs and developers alike. The large lot size provides ample space for a variety of potential developments, including retail establishments such as dollar stores or convenience stores, auto sales dealerships, or auto service centers. The location's high traffic count ensures significant exposure to potential customers. The property is located in Escambia County, Florida, with a zip code of 32514. The asking price is $225,000. This is a rare opportunity to acquire a strategically located commercial lot in a thriving area of Pensacola. The property's size and location make it an excellent choice for businesses seeking high visibility and accessibility. Serious inquiries are encouraged.

    Property Features for 7724 old palafox

    General Information

    Property type
    Other land
    Square Feet
    47,916 SF
    Price / Square Foot
    $4
    Elevators
    N/A
    Lot Size
    47,916 SF

    HighLights

    • High‑visibility 1.1‑acre lot at a major Pensacola intersection.
    • Zoned for diverse commercial uses, including retail and auto services.
    • Excellent location on Palafox Hwy and Olive Road, high traffic count.
    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 - High-traffic corner lot, ideal for retail.
    Where is this land located?
    The property is located at 7724 old palafox Pensacola, FL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: High-visibility 1.1-acre lot at a major Pensacola intersection.; Zoned for diverse commercial uses, including retail and auto services.; Excellent location on Palafox Hwy and Olive Road, high traffic count.
    (850) 477-5908
    Request Owner's contact information
    7724 old palafox Pensacola, FL 32514
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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
    7724 old palafox Pensacola, FL 32514
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