Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    366-400 Airport Blvd Pensacola, FL 32503

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Over 3 acres of commercial land in Pensacola, Florida.

    Lot size:
    3.62 Acres

    Property Features for 366-400 Airport Blvd

    General Information

    Lot size
    3.62 Acres

    We can help!

    Listing Contact
    Daniel J Hua
    Daniel J Hua
    Source: Moodyscre

    Listing Agency: Alliance Real Estate Listing Agent: Daniel J Hua

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

    Learn more

    Property Insight Report

    Overview

    Prime Commercial Land For Sale

    Available for sale is a commercial land parcel located on Airport Boulevard in Pensacola, Florida. The site encompasses over 3 acres of commercially zoned land. Its location provides access and exposure, making it suitable for retail, medical, hospitality, or mixed-use development. The property is positioned near Interstate 10, with nearby traffic volume exceeding 40,000 AADT and Interstate 10 traffic volume nearing 80,000 AADT in 2023. The location is near Cordova Mall, Ascension Sacred Heart Hospital, and Pensacola International Airport, placing it within an active commercial area. A feasibility study has been completed and is ready for developer use. The surrounding area includes national retailers, medical facilities, and high-density residential communities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2289631
    Latitude
    30.4824598

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      FL, Pensacola – 545 Brent Lane

      Workspaces, services and support to help you work better in Frisco Square
      545 Brent Ln Pensadola, Pensacola, FL 32503
      View Details
    • New
      $15 SF/Yr

      3507 N Pace Blvd, Pensacola, FL

      Commercial real estate
      3507 N Pace Blvd, Pensacola, FL 32505
      View Details
    • New
      $1.75 SF/Yr

      8625 Gulf Beach Hwy

      Industrial properties
      8625 Gulf Beach Hwy, Pensacola, FL 32507
      View Details
    • New
      $20 SF/Yr

      314 S Navy Blvd, Pensacola, FL

      Commercial real estate
      314 S Navy Blvd, Pensacola, FL 32507
      View Details
    • $1.75 SF/Yr

      8625 Gulf Beach Hwy

      Industrial properties
      8625 Gulf Beach Hwy, Pensacola, FL 32507
      View Details
    • $26 SF/Yr

      7700 West Fairfield Dr, Unit pensacola

      Fully Built-Out Turnkey Restaurant Space Available for Lease
      7700 West Fairfield Dr, Pensacola, FL 32506
      View Details
    • $5,677 /Mo

      Pensacola Office/Medical Building For Lease

      High-visibility Pensacola office/medical building with flexible layout and ample parking.
      4850 North 9Th Avenue Ct, Pensacola, FL 32503
      View Details
    • $2,000 /Mo

      Pensacola Flex Space For Rent

      3,000 SF flex space near Hwy 29 and I-10.
      8670 Fowler Ave, Pensacola, FL 32534
      View Details
    • $700 /Mo

      Downtown Pensacola Executive Office Space

      Newly renovated executive and professional office spaces for rent.
      35 W Maxwell St, Pensacola, FL 32501
      View Details
    • $6,080 /Mo

      Pensacola Retail or Industrial Showroom

      Retail or industrial showroom with high ceilings and roll-up door.
      3706 North Pace Blvd, Pensacola, FL 32505
      View Details
    • $4,250 /Mo

      Downtown Pensacola Catering Kitchen

      Fully equipped commercial kitchen in downtown Pensacola for lease.
      214 W Intendencia St, Pensacola, FL 32502
      View Details
    • $1,500 /Mo

      Restaurant Opportunity at Osceola Golf

      Lease restaurant, bar, snack bar, and golf cart concessions.
      300 Tonawanda Dr, Pensacola, FL 32506
      View Details

    FAQs

    What type of property is this?
    Land - Over 3 acres of commercial land in Pensacola, Florida.
    Where is this land located?
    The property is located at 366-400 Airport Blvd Pensacola, FL.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Prime commercial land (over 3 acres) in a high-growth Pensacola location.; - Strategically positioned off I-10 with high traffic volume.; - Zoned for commercial use, suitable for retail, medical, hospitality, or mixed-use development.
    (850) 516-9967 Call to check price and availability
    Request Owner's contact information
    366-400 Airport Blvd Pensacola, FL 32503
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    366-400 Airport Blvd
    Pensacola, FL 32503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    366-400 Airport Blvd Pensacola, FL 32503
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Daniel J Hua
    Daniel J Hua
    Real Estate License ID: SL3527144
    (850) 516-9967 (850) 393-9455
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!