Property profile

200 Herman Ave Pensacola, FL 32505

OFF-MARKET
Land
1.09 ac lot
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Property summary

AI-generated overview

This exceptional 1.09-acre commercial and industrial land parcel is situated in Pensacola, Florida's vibrant Palafox Industrial Corridor, boasting a prime location within Escambia County (APN: 082S303001010003). Zoned HC/LI (Heavy Commercial/Light Industrial), this property presents a unique opportunity for various uses, including storage facilities, warehouses, or service-related businesses. The lot features dimensions of approximately 93.74 feet of frontage and 503.08 feet of depth. A pre-existing retention pond, occupying roughly half an acre, is already in place, ensuring compliance with stormwater management requirements and minimizing future development costs. This leaves approximately one-quarter acre of buildable land, ideal for projects requiring a smaller footprint. The property's strategic location offers excellent accessibility to major transportation arteries, including I-10 and I-110, as well as the Port of Pensacola. This location is also surrounded by established businesses, including L&W Supply Building Materials, Quality Roofing, United Refrigeration, and R.E. Michel Company, further enhancing its appeal and potential. The asking price for this ready-to-develop parcel is $125,000. All utilities are available in this developed area. This is a turnkey opportunity for businesses seeking a well-located, smaller parcel in a thriving industrial corridor. The address is 200 W Herman Ave, Pensacola, FL 32505.

Property profile

Verified
Property type Land
Lot 1.09 ac (47,480 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

200 Herman Ave Pensacola, FL 32505
Pensacola metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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