5061 Mobile Hwy Pensacola, FL 32506
- Commercial real estate
- 14.59 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5061 Mobile Hwy
- Lot size
- 14.59 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2885791
- Latitude
- 30.4461951