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    9229 University Pkwy Pensacola, FL 32514

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    For Sale
    $675,000

    Development land near University of West Florida and Nine Mile Road.

    Lot size:
    0.86 Acres

    Property Features for 9229 University Pkwy

    General Information

    Lot size
    0.86 Acres

    Source: Michael Carro, CCIM Agent Michael Carro, CCIM

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

    Overview

    Prime Land Near University

    This site, suitable for a Quick Service Restaurant (QSR), restaurant, or retail development, is approximately 0.75 to 0.86 acres. It features off-site retention, established ingress/egress, and is positioned near a new hotel currently under construction. Located less than one mile from the University of West Florida and directly off Nine Mile Road, the property benefits from a high traffic count of 27,500 Average Annual Daily Traffic (AADT). The location is adjacent to University Town Center, which includes a Publix, Target, and Panera Bread.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    stayAPT Suites Pensacola Extended Stay Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2223277
    Latitude
    30.5287627

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    FAQs

    What type of property is this?
    Commercial land - Development land near University of West Florida and Nine Mile Road.
    Where is this commercial land located?
    The property is located at 9229 University Pkwy Pensacola, FL.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - Prime location for development right off Nine Mile Road; - Less than a mile from the University of West Florida; - Ideal site for QSR, Restaurant, or Retail
    (850) 380-3344
    Request Owner's contact information
    9229 University Pkwy Pensacola, FL 32514
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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
    9229 University Pkwy Pensacola, FL 32514
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