Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    901 Michigan Ave Pensacola, FL 32505

    For Sale
    $229,000

    High-traffic location, excellent visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.02-acre commercial property, located at 901 W Michigan Ave in Pensacola, Florida (zip code 32505), presents a unique investment opportunity. Zoned COM Escambia County Commercial, this hard corner lot boasts over 375 feet of frontage on West Michigan Ave, a major thoroughfare connecting Mobile Highway and Interstate 110, resulting in a high daily traffic count of approximately 36,000 vehicles. The property's depth measures approximately 130 feet. Currently, a structure exists on the site

    Property Features for 901 Michigan Ave

    General Information

    Property type
    Retail properties
    Lot Size
    44,431 SF

    HighLights

    • Approx. 1.02 acres
    • Zoned COM Escambia County Commercial
    • 375+ feet of frontage
    • 130+ feet deep
    • 36,000 cars per day traffic count
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.263293
    Latitude
    30.462841

    Nearby Similar for Sale

    • $950,000

      Turnkey Income Property in Pensacola

      Fully functioning 6-unit income property with high-yield potential.
      2001 N 61St Ave, Pensacola, FL 32506
      View Details
    • $379,900

      Pensacola Duplex with Inground Pool

      Duplex in Pensacola, FL with saltwater pool and large yard.
      3781 Nobles St, Pensacola, FL 32514
      View Details
    • $599,900

      Luxury Duplex Near Pristine Beaches

      Upscale duplex investment near beaches with fully furnished units.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details
    • New
      $725,000

      Historic Downtown Pensacola Quadruplex

      Income-producing, furnished quadruplex in Pensacola's historic Old East Hill.
      522 N 7Th Ave, Pensacola, FL 32501
      View Details
    • $590,000
      2,380 SF

      Pensacola Single-Story Home with Pond View

      Four-bedroom home in maritime community with pond and marina access.
      4003 Indigo Dr, Pensacola, FL 32507
      View Details
    • $599,900
      2,440 SF

      Luxury Duplex Near Pristine Beaches

      Luxury duplex investment property with high-end finishes and furnishings.
      14013 Innerarity Point Rd, Pensacola, FL 32507
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic location, excellent visibility.
    Where is this retail property located?
    The property is located at 901 Michigan Ave Pensacola, FL.
    What is the asking price?
    The asking price for this property is $229,000.
    What are key features of this property?
    This property features: Approx. 1.02 acres; Zoned COM Escambia County Commercial; 375+ feet of frontage
    Request Owner's contact information
    901 Michigan Ave Pensacola, FL 32505
    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.
    901 Michigan Ave
    Pensacola, FL 32505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    901 Michigan Ave Pensacola, FL 32505
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.