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165.81 Acre Development Opportunity
For Sale
$10,500,000

6990 Rolling Hills Rd, Pensacola, FL 32505

165.81 acre commercial and industrial land near I-10.

Property Size165 SF
Price / SF$63,636
Days on Market274

Property Features for 6990 Rolling Hills Rd

General Information

Standard status Active
Size 165 SF
Property subtype Land
Listing Agency: SVN | Southland Commercial Real Estate
Listed By: Michael Carro, CCIM · License #FL #BK3179263
Source: Svn
Added: Nov 21, 2025 Changed: Aug 20 Last Checked: Aug 22 at 5:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Southland Commercial Real Estate

Investment Insights

Based on property information with market context.

This is a 165.81-acre development opportunity situated 1.4 miles from I-10. The property can also be purchased as a 131.81-acre section. The location neighbors the Lewis Bear distribution center, potentially creating industrial and commercial synergy. Zoned HC/LI, the property is offered at $4,500,000, which equates to $27,139 per acre for the 165.81-acre parcel. The 131.81-acre section is also available for $4,500,000, or $34,140 per acre. Owner financing is available. A 34-acre section, identified as "Cell 2", has environmental issues and is restricted to use as green space.

Key Highlights

  • 165.81‑acre development opportunity.
  • Located just 1.4 miles from I‑10 for easy access.
  • Zoned HC/LI (Highway Commercial/Light Industrial).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply HVAC Service

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

237
Businesses Nearby

Demographics for 32505, FL

28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 165.81 acre commercial and industrial land near I-10.
Where is this commercial land located?
The property is located at 6990 Rolling Hills Rd Pensacola, FL.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 165.81‑acre development opportunity.; Located just 1.4 miles from I‑10 for easy access.; Zoned HC/LI (Highway Commercial/Light Industrial).
More about this property
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