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    100 Chaseville St Pensacola, FL 32507

    Source: https://www.saltercompany.com
    For Sale
    $620,000

    Prime 3.52-acre site, 25 units/acre potential.

    Property size:
    153,331 SF

    Description

    Added:
    Feb 25, 2025
    Days on Market:
    291
    This exceptional 3.52-acre parcel presents a compelling development opportunity in Pensacola, Florida. Located in Escambia County, at the corner of Chaseville Street and Melburn Avenue, this HC/LI zoned land boasts a Future Land Use designation of Commercial, permitting up to 25 dwelling units per acre, as per the Escambia County Land Development Code. FEMA flood maps confirm the property resides within an X Flood Zone. Its strategic location offers unparalleled access to Downtown Pensacola, I-110, NAS Pensacola, and area beaches, making it highly attractive for various development projects. Recently paved Melburn Avenue, with potential for County-approved vacation and easement access to adjacent properties, could further enhance the site's acreage. The property's adjacency to ECUA land ensures convenient sewer access. The surrounding demographics are strong, with a total population of 118,735 within a 5-mile radius and an average household income of $51,527. This property is priced at $620,000 and offers significant potential for investors seeking a high-return development project in a desirable location. The site's zoning, accessibility, and proximity to key amenities make it an ideal location for a variety of commercial or residential developments.

    Property Features for 100 Chaseville St

    General Information

    Property type
    Other land
    Square Feet
    153,331 SF
    Price / Square Foot
    $4
    Elevators
    N/A
    Lot Size
    153,331 SF

    HighLights

    • Prime 3.52‑acre Pensacola, FL development site, zoned HC/LI.
    • Up to 25 dwelling units per acre permitted; ideal for high‑density residential.
    • Excellent location near I‑110, NAS Pensacola, beaches, and downtown Pensacola.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

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

    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 - Prime 3.52-acre site, 25 units/acre potential.
    Where is this land located?
    The property is located at 100 Chaseville St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: Prime 3.52-acre Pensacola, FL development site, zoned HC/LI.; Up to 25 dwelling units per acre permitted; ideal for high-density residential.; Excellent location near I-110, NAS Pensacola, beaches, and downtown Pensacola.
    (850) 432-5320
    Request Owner's contact information
    100 Chaseville St Pensacola, FL 32507
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    Pensacola, FL 32507
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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
    100 Chaseville St Pensacola, FL 32507
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