10000 Pensacola Blvd Pensacola, FL 32534

This 6.24-acre property in Pensacola, Florida, offers redevelopment potential with existing structures. Located on Pensacola Boulevard (Highway 29) and extending to North Palafox Street, the site has multiple access points. The property consists of two parcels with ingress and egress via a median cut on Pensacola Boulevard, accommodating both northbound and southbound traffic. Existing structures include a 7,560 square foot metal building facing Pensacola Boulevard, an 880 square foot concrete block garage, and an 1,822 square foot home on North Palafox Street. These structures could be renovated or repurposed. A portion of the land is currently used as an RV/trailer park with month-to-month tenants, providing an immediate income stream. An underground gas line easement serves as a private drive, dividing the two parcels. The property benefits from high traffic volume, with Pensacola Boulevard exhibiting approximately 32,066 Average Annual Daily Traffic (AADT) in 2023, and North Palafox Street adding approximately 9,600 AADT. Situated half a mile north of the 9 Mile Road intersection and 2.5 miles north of Interstate 10, the location is suitable for office, retail, restaurant, office/warehouse, and multi-family projects.