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Corner Development Land Parcel
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3320 E Olive Rd, Pensacola, FL 32514

Two combined parcels totaling about 2.35 acres offer wide road frontage on a busy corner.

Property SizeContact for details
Lot Size2.35 Acres
Days on Market125

Property Features for 3320 E Olive Rd

General Information

Standard status Active
Lot size 2.35 Acres
Property subtype Multifamily

Site & Location

Traffic Count 15,000 vehicles/day
Road Access Yes
Utilities to Site Yes
Listing Agency: Salter Commercial LLC
Listed By: Saki Filios · License #FL 3395407
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 1:11PM

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 Salter Commercial LLC

Investment Insights

Based on property information with market context.

The offering consists of two parcels being sold together, totaling about 2.35 acres of corner development land. The lot has approximately 290 feet of frontage on East Olive Road, which was recently widened and resurfaced, and the site upgrades also included drainage and utilities. Structures on the property are present but are given no value.

The property is located on a busy East Olive Road corridor and is surrounded by multi-family housing, with Ferry Pass Middle School next door. The current zoning allows for some commercial/retail and multi-family housing.

With substantial frontage and recent roadway and site improvements, the parcel provides a flexible foundation for development consistent with the existing zoning allowances in this growing area near major employers and regional access routes.

Key Highlights

  • Two combined parcels totaling about 2.35 acres on a busy corner of East Olive Road.
  • Approximately 290 ft of frontage on East Olive Road following recent widening and resurfacing.
  • Drainage and utilities were completed as part of the Olive Road upgrades.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Parking Lot & Garage Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

Demographics for 32514, FL

40,844
Population
19,117
Households
2.1
Avg Household Size
39
Median Age
33%
College-Educated
91%
High-School Grad
19.8 sq mi
ZIP Area
2,063
Density / Sq Mi
$66,484
Median Household Income
$36,178
Median Earnings
$1,358
Median Rent
$241,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two combined parcels totaling about 2.35 acres offer wide road frontage on a busy corner.
Where is this residential land & home lot located?
The property is located at 3320 E Olive Rd Pensacola, FL.
What are key features of this property?
This property features: Two combined parcels totaling about 2.35 acres on a busy corner of East Olive Road.; Approximately 290 ft of frontage on East Olive Road following recent widening and resurfacing.; Drainage and utilities were completed as part of the Olive Road upgrades.
(850) 418-2931 Call to check price and availability
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