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    700 Nine Mile Rd Pensacola, FL 32514

    Sponsored
    For Sale
    $225,000

    High-visibility lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional .62-.63-acre commercial lot presents a unique investment opportunity in Pensacola, Florida. Located at 700 E 9 Mile Rd, this property boasts a highly visible location directly across from Hillcrest Baptist Church and just east of the Escambia County Sports Complex, ensuring significant exposure to high traffic volume. The lot is zoned for Heavy Commercial/Light Industrial use, offering a wide range of development possibilities. Its strategic placement within a rapidly growing area of 9 Mile Road makes it particularly attractive for businesses seeking high visibility and accessibility. The property's APN is 121S301001008001, and its address is 7071 E 9 Mile Rd, Pensacola, FL 32514. The asking price for this exceptional commercial land is $225,000. This is a rare chance to acquire a prime piece of real estate in a thriving Pensacola location, perfect for entrepreneurs and investors looking to capitalize on the area's growth potential. Don't miss this opportunity to secure a prominent position on one of Pensacola's busiest thoroughfares. The property's coordinates are 30.5328521 latitude and -87.2504034 longitude.

    Property Features for 700 Nine Mile Rd

    General Information

    Property type
    Land
    Lot Size
    27,007 SF

    HighLights

    • $225,000 asking price.
    • .62-.63 acre commercial land parcel.
    • Heavy Commercial/Light Industrial zoning.
    • Located at 700 E 9 Mile Rd, Pensacola, FL 32514 (APN: 121S301001008001).
    • High visibility lot near Hillcrest Baptist Church and Escambia County Sports Complex.
    • Situated in a high‑growth area of Pensacola.
    Property Profile 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
    -87.2504034
    Latitude
    30.5328521

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    FAQs

    What type of property is this?
    Land - High-visibility lot, ideal for development.
    Where is this land located?
    The property is located at 700 Nine Mile Rd Pensacola, FL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price.; .62-.63 acre commercial land parcel.; Heavy Commercial/Light Industrial zoning.
    Request Owner's contact information
    700 Nine Mile Rd Pensacola, FL 32514
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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
    700 Nine Mile Rd Pensacola, FL 32514
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