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    12390 Sorrento Rd Pensacola, FL 32507

    For Sale
    $1,998,000

    Prime commercial land, near Perdido Key.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1-5.89 acre commercial development opportunity is located in West Pensacola, near Perdido Key and NAS, offering unparalleled visibility and access. Situated on Sorrento Road (SR-292) and Bauer Road, the property boasts 500 feet of frontage and benefits from high traffic counts, averaging 20,500 vehicles daily. The land is level, cleared, and ready for immediate development, featuring sandy dirt and sewer access. Zoned HC/LI, this site allows for a wide range of commercial uses, including office, retail, and retail-pad developments, addressing the current market gap in the area. The property's excellent location has witnessed significant recent growth, making it an ideal investment. The owner is open to selling outparcels of 1 acre or more. Escambia County is the taxing authority, and the Tax ID/APN is 213S314000000003. Pensacola International Airport provides convenient air access. This is a rare chance to acquire a highly desirable commercial parcel in a thriving area. Asking price is $1,998,000.

    Property Features for 12390 Sorrento Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    43,560 SF

    HighLights

    • Escambia County taxes.
    • Tax ID: 213S314000000003.
    • HC/LI zoning.
    • Situated between Sorrento Road and Bauer Road.
    • Excellent visibility.
    • 500 feet of frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Skin Care Clinic Kitchen & Bath Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.401972
    Latitude
    30.3414943

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    FAQs

    What type of property is this?
    Individual retail property - Prime commercial land, near Perdido Key.
    Where is this individual retail property located?
    The property is located at 12390 Sorrento Rd Pensacola, FL.
    What is the asking price?
    The asking price for this property is $1,998,000.
    What are key features of this property?
    This property features: Escambia County taxes.; Tax ID: 213S314000000003.; HC/LI zoning.
    (850) 393-9455
    Request Owner's contact information
    12390 Sorrento Rd 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
    12390 Sorrento Rd Pensacola, FL 32507
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