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    356 Nine Mile Rd Pensacola, FL 32534

    For Sale
    $249,000

    1.23 Acres, Prime Location, Ready to Develop

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.23-acre commercial land parcel in Pensacola, Florida, presents a remarkable development opportunity. Located at 356 W. Nine Mile Rd., Escambia County, zip code 32534, this flat, clear site boasts convenient access to Pensacola Blvd. (Hwy. 29) and is surrounded by significant ongoing development. The property is zoned HC/LI and will be subdivided from a larger, approximately 2-acre parcel. Ingress and egress will be from W. Nine Mile Rd., with access points from both east and west sides via a median cut. An easement will be granted along the eastern border for access to the subdivided 1.23-acre portion. The site's prime location and readiness for immediate development make it an attractive investment. The seller may also consider offers on the entire approximately 2-acre parcel. This is a rare chance to acquire a strategically positioned commercial lot in a rapidly growing area. The latitude and longitude coordinates are 30.533477498768427, -87.27942331248077 respectively. Serious inquiries only.

    Property Features for 356 Nine Mile Rd

    General Information

    Property type
    Land
    Lot Size
    53,579 SF

    HighLights

    • +/- 2‑acre parcel available for sale.
    • High‑traffic location with excellent visibility.
    • Zoned for a variety of commercial uses.
    • Utilities readily available on‑site.
    • Strong potential for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Richard Alvoid, PA ... Immigration Attorney Law Office of Cristina ... Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.279423312481
    Latitude
    30.533477498768

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    FAQs

    What type of property is this?
    Land - 1.23 Acres, Prime Location, Ready to Develop
    Where is this land located?
    The property is located at 356 Nine Mile Rd Pensacola, FL.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: +/- 2-acre parcel available for sale.; High-traffic location with excellent visibility.; Zoned for a variety of commercial uses.
    (850) 430-1509
    Request Owner's contact information
    356 Nine Mile Rd Pensacola, FL 32534
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    Pensacola, FL 32534
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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
    356 Nine Mile Rd Pensacola, FL 32534
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