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    8681 Old Palafox Hwy Pensacola, FL 32534

    Sponsored
    Source: https://www.saltercompany.com
    For Lease
    $1,600 /Mo ($1.62 SF/Yr)

    Prime Pensacola location, ideal for various businesses. High traffic visibility.

    Lot size:
    11,859 SF

    Description

    Added:
    Mar 24, 2025
    Days on Market:
    290
    This exceptional 0.25-acre commercial lot, situated on Old Palafox Highway in Pensacola, Florida (zip code 32534), presents a unique investment opportunity. Boasting excellent visibility due to its corner location and exposure to approximately 11,000 vehicles daily, this property is perfectly suited for a diverse range of businesses. The lot includes a 500 square foot freestanding building equipped with a restroom and two workstations, adding immediate functional space. The property's versatility makes it ideal for uses such as a laydown yard, car dealership, or equipment sales lot. The total usable square footage is 11,859 square feet. The property is offered on a NNN lease at a monthly rate of $1600. NNN expenses are approximately $36.37 per month. All reasonable offers will be considered. This is a rare opportunity to acquire a high-traffic commercial lot in a thriving Pensacola location. Don't miss out on this chance to establish your business in a prime spot.

    Property Features for 8681 Old Palafox Hwy

    General Information

    Property type
    Other land
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    11,859 SF
    USF (Usable sq. ft)
    11,859 SF
    Elevators
    N/A
    Total Rate
    1600

    HighLights

    • High‑traffic corner lot on Old Palafox Highway, Pensacola, FL.
    • 0.25‑acre parcel ideal for laydown yard or car dealership.
    • Includes a 500 sq ft building with restroom and workstations.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Pensacola
    State
    Florida
    Longitude
    -87.231189
    Latitude
    30.463596

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    FAQs

    What type of property is this?
    Land - Prime Pensacola location, ideal for various businesses. High traffic visibility.
    Where is this land located?
    The property is located at 8681 Old Palafox Hwy Pensacola, FL.
    What is the lease rate?
    The lease rate is $1.62 SF/Yr.
    What are key features of this property?
    This property features: High-traffic corner lot on Old Palafox Highway, Pensacola, FL.; 0.25-acre parcel ideal for laydown yard or car dealership.; Includes a 500 sq ft building with restroom and workstations.
    (850) 444-9994
    Request Owner's contact information
    8681 Old Palafox Hwy Pensacola, FL 32534
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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
    8681 Old Palafox Hwy Pensacola, FL 32534
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