Listed By: Paul Salter Show Phone

Added: Feb 25, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 3.52-acre parcel in Pensacola, Florida, offers a development opportunity. Located in Escambia County, at the corner of Chaseville Street and Melburn Avenue, the land is zoned HC/LI with 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 location provides access to Downtown Pensacola, I-110, NAS Pensacola, and area beaches. 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. The site's zoning, accessibility, and proximity to key amenities make it an ideal location for a variety of commercial or residential developments.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Hair Salon Auto Parts Store Building Supply Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith

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

119

Businesses Nearby

Explore this area Business Placement

Demographics for 32507, FL

31,215

Population

19,131

Households

1.6

Avg Household Size

44

Median Age

32%

College-Educated

91%

High-School Grad

27.9 sq mi

ZIP Area

1,119

Density / Sq Mi

$69,802

Median Household Income

$38,000

Median Earnings

$1,238

Median Rent

$267,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - 3.52 Acres Development Opportunity, 25 Units/Acre

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.