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    400 N Blk Of Devilliers St Pensacola, FL

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    For Sale
    $299,000

    Prime commercial land in Pensacola's thriving historic downtown district.

    Lot size:
    0.25 Acres

    Property Features for 400 N Blk Of Devilliers St

    General Information

    Lot size
    0.25 Acres

    Source: Levin Rinke Realty Agent Danny Zimmern

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

    Overview

    Pensacola Historic Downtown Land Opportunity

    This 0.25-acre property is situated in Pensacola's historic downtown district, known for its arts scene, musical venues, and restaurants. The property is located near major cross streets, Cervantes and Garden Streets, in the Belmont/De Villiers Neighborhood, also known as West Hill, which was established in the early 20th century. The neighborhood has undergone revitalization efforts, including streetscape improvements with new sidewalks, historic street lighting, landscaping, and brick crosswalks. These improvements align with the Belmont-DeVilliers Land Use Plan. The neighborhood has a mix of residents, including young professionals, families, and retirees. Newly built housing complexes are attracting new residents. The property is suitable for a retail store, office space, restaurant, or residential units. The site has a C2 zoning designation and is equipped with utilities. The property is incorporated into the City of Pensacola's Neighborhood Land Use Plan.
    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 - Prime commercial land in Pensacola's thriving historic downtown district.
    Where is this land located?
    The property is located at 400 N Blk Of Devilliers St Pensacola, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Prime location in Pensacola's historic Belmont/De Villiers neighborhood, minutes from downtown with high visibility and accessibility.; - C2 zoning and all necessary utilities readily available, simplifying and accelerating the development process.; - Located in a revitalized area with streetscape improvements and a Land Use Plan guiding future growth.
    (850) 232-1944
    Request Owner's contact information
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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
    400 N Blk Of Devilliers St Pensacola, FL
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