Listing Agency: p***@saltercompany.com Show Phone

Listed By: Paul Show Phone

Added: Feb 24, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 1.03-acre commercial lot is located in Pensacola, Florida. The property, situated at 1918 W Gadsden St, also known as 1905 W. Cervantes Street, features frontage on Cervantes Street and "M" Street, measuring approximately 150 feet on Cervantes, 300 feet on "M" Street, and 150 feet on Gadsden Street, for a total area of 44,866 square feet. Zoned C-1 (Retail-Commercial) by the City of Pensacola, the property is suitable for a variety of commercial uses. Water and sewer services are available via ECUA. The level, buildable lot offers visibility and accessibility. This property is an attractive investment for developers. Its location and zoning make it a desirable site for businesses.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Auto Parts Store Florist Storage Facility Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,488

Businesses Nearby

Explore this area Business Placement

Demographics for 32501, FL

10,960

Population

5,505

Households

2

Avg Household Size

41

Median Age

30%

College-Educated

86%

High-School Grad

3.7 sq mi

ZIP Area

2,962

Density / Sq Mi

$39,127

Median Household Income

$31,312

Median Earnings

$964

Median Rent

$277,500

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 1.03 Acres Vacant Land off Gadsden St

Where is this land located?

The property is located at 1918 W Gadsden St Pensacola, FL.

What is the asking price?

The asking price for this property is $460,000.