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Pensacola Development Site on Hwy 98
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Hwy 98 & Blue Angel Pkwy, Pensacola, FL 32506

Prime 85-acre development site in the heart of Pensacola.

Property SizeContact for details
Days on Market286

Property Features for Hwy 98 & Blue Angel Pkwy

General Information

Standard status Active
Property subtype Commercial/Multifamily Land
Listing Agency: Bellcore Commercial
Listed By: Harry Bell Jr. · License #FL #BK3026917
Source: Bellcorecommercial
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Sep 2 at 3:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellcore Commercial

Investment Insights

Based on property information with market context.

Available is a prime +/- 85-acre development site located in Pensacola, Florida. The property comprises several parcels situated on the north side of Hwy 98, specifically at the signaled intersection of Blue Angel Pkwy and Hwy 98. Centrally positioned within the Pensacola MSA, the site benefits from its proximity to the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and tourist beach destinations including Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach. The owner is open to subdividing the northern portion as indicated on the aerial, with breakout pricing available. The seller retains the billboard leases and mineral rights, if any. Pensacola's market has experienced growth due to high population growth and strong median income, which has fueled housing and retail demand. The government maintains a substantial presence in the metro, with over 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. This presents a rare opportunity to acquire one of the best undeveloped sites in Northwest Florida.

Key Highlights

  • Prime +/- 85‑acre development site in the heart of the booming Pensacola, Florida MSA.
  • Located at the signaled intersection of Blue Angel Pkwy and Hwy 98, offering high visibility and accessibility.
  • Close proximity to core retail trade area, airport, hospital, University of West Florida, NAS Pensacola, and Whiting Field Naval Base.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 32506, FL

36,017
Population
16,625
Households
2.2
Avg Household Size
39
Median Age
24%
College-Educated
88%
High-School Grad
30.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$59,978
Median Household Income
$36,216
Median Earnings
$1,280
Median Rent
$200,500
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Land - Prime 85-acre development site in the heart of Pensacola.
Where is this land located?
The property is located at Hwy 98 & Blue Angel Pkwy Pensacola, FL.
What are key features of this property?
This property features: Prime +/- 85‑acre development site in the heart of the booming Pensacola, Florida MSA.; Located at the signaled intersection of Blue Angel Pkwy and Hwy 98, offering high visibility and accessibility.; Close proximity to core retail trade area, airport, hospital, University of West Florida, NAS Pensacola, and Whiting Field Naval Base.
More about this property
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