Current Use by Public Records
- Retail properties & Spaces
Property Details for 509 Gulf Bch Hwy
- Lot size
- 0.55 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 0.55-acre vacant commercial land parcel presents a remarkable investment opportunity in Pensacola, Florida. Strategically located on Gulf Beach Highway, this property boasts approximately 200 feet of frontage along a major thoroughfare experiencing a daily traffic count of 23,800 vehicles. Its prime location within the West Pensacola sub-market places it in a highly trafficked retail trade area, less than one mile south of a Walmart Supercenter on N Navy Blvd. The property's COM zoning allows for a variety of commercial uses. The site benefits from its proximity to significant landmarks, including the Pensacola Naval Air Station, Pensacola State College, and downtown Pensacola. Pensacola's robust economy, driven by tourism, a substantial military presence, and consistent housing and retail demand, makes this an attractive location for businesses. The surrounding area is densely populated with established retailers and restaurants, including Family Dollar, Dollar Tree, AutoZone, Navy Federal Credit Union, Advanced Auto Parts, O'Reilly Auto Parts, McDonald's, Chick-fil-A, and Taco Bell, among others. The property's APN is 502S307020008004. The asking price for this exceptional commercial land is $49,999. This is an ideal opportunity to establish a thriving business in a high-visibility, high-traffic location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Warrington
- County
- Escambia
- State
- Florida
- Longitude
- -87.2836
- Latitude
- 30.3874
