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    2215 Fairburn St/ Olive Rd Pensacola, FL

    For Sale
    $2,200,000

    17-acre commercial development site in Ferry Pass, Pensacola, FL.

    Lot size:
    17.00 Acres

    Property Features for 2215 Fairburn St/ Olive Rd

    General Information

    Lot size
    17.00 Acres

    Source: Coldwell Banker Commercial Realty Agent Melissa Glyptis Simpson

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

    Overview

    Pensacola Commercial Development Site

    This commercial development site is located in the heart of Ferry Pass between N. Davis Hwy and E. Olive Rd in Pensacola, FL. The site measures approximately 17 acres and features split zoning. Approximately 12.11 acres are zoned COM, allowing 25 units per acre, and approximately 4.89 acres are zoned MDR, allowing 10 units per acre. The site is within the service area of the Pensacola Bay Mitigation Bank. Accessibility includes 100 feet of frontage and a curb cut on Olive Rd, with a second entrance at Olive Rd and Binkley St with a full median cut. Additional access is available from the stop light at Davis Hwy/Klinger St and via a turn lane at Davis Hwy/Berg St. The surrounding area includes West Florida Hospital, Ferry Pass Plaza, University Town Plaza, University Town Center, I-10/I-110, Ellyson Industrial Park, and The University of West Florida. The site is located next to the Davis Hwy Escambia County Area Transit Bus Route. Traffic counts include 19,400 AADT on Olive Rd and 58,500 AADT on Davis Hwy. I-10 and I-110 are less than one mile away. The demographics within a 5-mile radius include a total population of 112,344 and an average household income of $78,347.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2518824
    Latitude
    30.4415185

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    FAQs

    What type of property is this?
    Land - 17-acre commercial development site in Ferry Pass, Pensacola, FL.
    Where is this land located?
    The property is located at 2215 Fairburn St/ Olive Rd Pensacola, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - High-traffic location with excellent accessibility: Multiple access points from Olive Rd and Davis Hwy ensure convenient access.; - Significant development potential: Split zoning allows for a combination of commercial and medium-density residential development.; - Prime location in Ferry Pass: Situated between N. Davis Hwy and E. Olive Rd, surrounded by key locations.
    (850) 733-6532
    Request Owner's contact information
    2215 Fairburn St/ Olive Rd Pensacola, FL
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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
    2215 Fairburn St/ Olive Rd Pensacola, FL
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