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    5048 N Palafox St Pensacola, FL 32505

    For Sale
    $495,000

    3.7 acre commercial land with high traffic and visibility.

    Property size:
    3 SF
    Lot size:
    3.71 Acres

    Property Features for 5048 N Palafox St

    General Information

    Size
    3 SF
    Lot size
    3.71 Acres

    Building Details

    Year built
    2003

    Source: Michael Carro, CCIM Agent Michael Carro, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land on Palafox

    This 3.7-acre commercial land parcel is located on N Palafox Street in Pensacola, Florida. The property benefits from high traffic counts, with an AADT of 27,500 cars passing daily. Its zoning is COM. Situated just north of Brent Lane and minutes from I-110, the site offers accessibility throughout the Pensacola metro area. The surrounding area includes a mix of industrial, automotive, and commercial businesses. The property's location on the N Palafox corridor provides high visibility, making it suitable for a range of development uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2401225
    Latitude
    30.4645602

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    FAQs

    What type of property is this?
    Land - 3.7 acre commercial land with high traffic and visibility.
    Where is this land located?
    The property is located at 5048 N Palafox St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - 3.7± acre parcel with flexible commercial zoning suitable for various development uses.; - High-visibility location on N Palafox Street with strong road frontage.; - High traffic count: 27,500 cars passing daily (AADT).
    (850) 380-3344
    Request Owner's contact information
    5048 N Palafox St Pensacola, FL 32505
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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
    5048 N Palafox St Pensacola, FL 32505
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