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    2475 Nine Mile Rd Pensacola, FL 32514

    For Sale
    $1,000,000

    1.7-acre C-1 zoned lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.7-acre commercial land parcel presents a compelling investment opportunity in Pensacola, Florida. Located at 2475 E 9 Mile Rd, this property boasts unparalleled visibility and accessibility, with road frontage on three sides: Davis Highway, Nine Mile Road, and Brewster Street. The site's strategic location near the University of West Florida entrances ensures high traffic volume and exposure to a substantial potential customer base. The daily traffic count on this highly visible location is estimated at 26,500 vehicles. The property is conveniently situated in Escambia County, Florida, with the APN 151S304103000000. Zoned C-1, this flat and cleared lot offers immediate development potential for a wide range of commercial uses. The asking price is $1,000,000, translating to approximately $588,235 per acre. This represents a significant opportunity to acquire a prime commercial site in a thriving area with excellent growth prospects. The property's size and location make it ideal for various commercial ventures, offering substantial return on investment potential. Don't miss this chance to secure this exceptional piece of commercial real estate in Pensacola.

    Property Features for 2475 Nine Mile Rd

    General Information

    Property type
    Land
    Lot Size
    74,052 SF

    HighLights

    • $1,000,000 asking price for 1.7 acres of commercial land.
    • C‑1 zoning.
    • Located at 2475 E 9 Mile Rd, Pensacola, FL 32514 (APN: 151S304103000000).
    • Land value: $588,235/acre.
    • Three‑sided road frontage with high visibility, situated near University of West Florida entrances.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    URU Yoga 9 ... Yoga Studio Sleep Easy Sleep Clinic Old Thyme Remedies Wellness Center ERA American Real ... Real Estate Agency Magnolia Midwifery & Co. ... Midwife

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.20672
    Latitude
    30.53283

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    FAQs

    What type of property is this?
    Land - 1.7-acre C-1 zoned lot, high visibility.
    Where is this land located?
    The property is located at 2475 Nine Mile Rd Pensacola, FL.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: $1,000,000 asking price for 1.7 acres of commercial land.; C-1 zoning.; Located at 2475 E 9 Mile Rd, Pensacola, FL 32514 (APN: 151S304103000000).
    Request Owner's contact information
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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
    2475 Nine Mile Rd Pensacola, FL 32514
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