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    5061 Mobile Hwy Pensacola, FL 32506

    For Sale
    $975,000

    Prime Commercial Land, High Visibility, Pensacola

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 14.59-acre commercial land parcel presents a unique development opportunity in Pensacola, Florida. Located at 5061 Mobile Highway, Escambia County, zip code 32506 (30.4461951, -87.2885791), this property boasts approximately 1,000 feet of frontage on a major thoroughfare with an impressive average annual daily traffic count of 35,500 vehicles. The zoning designation is HC/LI, offering considerable flexibility for various commercial ventures. The land itself comprises 10.42 usable acres and 4 acres of wetlands, creating a balance between development potential and environmental sensitivity. This strategic location places the property in close proximity to major national retailers such as Walmart, Publix, Home Depot, and Lowe's, ensuring high visibility and convenient access for potential businesses and customers. The asking price for this remarkable property is $975,000, translating to an approximate price per usable acre of $66,826. This represents a compelling investment opportunity in a thriving commercial area. Serious inquiries are encouraged.

    Property Features for 5061 Mobile Hwy

    General Information

    Property type
    Land
    Lot Size
    635,540 SF

    HighLights

    • 10.42 acres of usable land plus 4 acres of wetlands, priced at $66,826 per acre.
    • HC/LI zoning with an allowable density of 35,500.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -87.2885791
    Latitude
    30.4461951

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Visibility, Pensacola
    Where is this land located?
    The property is located at 5061 Mobile Hwy Pensacola, FL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 10.42 acres of usable land plus 4 acres of wetlands, priced at $66,826 per acre.; HC/LI zoning with an allowable density of 35,500.;
    (850) 434-7500
    Request Owner's contact information
    5061 Mobile Hwy Pensacola, FL 32506
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    Pensacola, FL 32506
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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
    5061 Mobile Hwy Pensacola, FL 32506
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