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    3191 W Nine Mile Rd Pensacola, FL 32534

    For Sale
    $8,990,000

    Large parcel suitable for commercial, industrial, and residential development.

    Lot size:
    9.26 Acres

    Property Features for 3191 W Nine Mile Rd

    General Information

    Lot size
    9.26 Acres

    Source: Business & Commercial Brokerage, Inc. Agent Michael Russo

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

    Overview

    Versatile Land Parcel For Sale

    This unique property offers diverse development possibilities due to its HC/LI zoning, which accommodates both Heavy Commercial and Light Industrial uses. The gated parcel is equipped with 3-phase power. The zoning also allows for most Residential Types & Commercial Mixed development. There are also 2 businesses that are part of this sale, one with passive monthly income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A Reliable Paint & Body ... Auto Body Shop Eddie Mercer Transport Trucking Company

    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
    -87.326313
    Latitude
    30.5324645

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    FAQs

    What type of property is this?
    Commercial land - Large parcel suitable for commercial, industrial, and residential development.
    Where is this commercial land located?
    The property is located at 3191 W Nine Mile Rd Pensacola, FL.
    What is the asking price?
    The asking price for this property is $8,990,000.
    What are key features of this property?
    This property features: - HC/LI Zoning: Allows for a wide range of businesses.; - Development Flexibility: Suitable for commercial, residential, and mixed-use projects.; - Passive Income: Includes a business generating monthly income.
    (850) 449-4030
    Request Owner's contact information
    3191 W Nine Mile Rd 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
    3191 W Nine Mile Rd Pensacola, FL 32534
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