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    328 Navy Blvd Pensacola, FL 32507

    Sponsored
    For Sale
    $80,000

    $80K, 11,250 sq ft, High-Traffic Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11,250 square foot commercial lot is ideally situated in Pensacola, Florida, at 328 S Navy Blvd, in Escambia County (APN: 512S307062037032). Zoned for Commercial use (COM), this property presents a unique investment opportunity at a compelling price of $80,000, translating to $7.11 per square foot. The location offers significant advantages, being just three blocks south of Barrancas Avenue, on the east side of Navy Boulevard, and positioned between Sunset and Palmetto streets. Its proximity to the main gate of the Pensacola Naval Air Station ensures high visibility and potential for substantial foot traffic. The lot is conveniently located across Navy Boulevard from St. John's Catholic Church, further enhancing its accessibility and prominence. A sewer lift station is situated on Sunset Avenue, south of the property, providing essential infrastructure. This lot is adjacent to a similarly sized parcel currently listed for $65,000, presenting potential for expansion or synergistic development. This prime commercial land offers significant potential for a variety of businesses seeking a high-traffic location near a major military installation. The property's size and zoning make it suitable for hospitality, office, or retail ventures. Don't miss this opportunity to acquire a strategically located commercial lot in a thriving Pensacola neighborhood.

    Property Features for 328 Navy Blvd

    General Information

    Property type
    Land

    HighLights

    • $80,000 asking price for 11,250 sq ft land parcel.
    • Located at 328 S Navy Blvd, Pensacola, FL 32507, Escambia County.
    • Zoned COM.
    • Land value: $7.11/SF.
    • APN: 512S307062037032.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.277588
    Latitude
    30.382926

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    FAQs

    What type of property is this?
    Land - $80K, 11,250 sq ft, High-Traffic Location
    Where is this land located?
    The property is located at 328 Navy Blvd Pensacola, FL.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: $80,000 asking price for 11,250 sq ft land parcel.; Located at 328 S Navy Blvd, Pensacola, FL 32507, Escambia County.; Zoned COM.
    Request Owner's contact information
    328 Navy Blvd Pensacola, FL 32507
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    Pensacola, FL 32507
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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
    328 Navy Blvd Pensacola, FL 32507
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