Current Use by Public Records
- Land
Property Details for 3200 Michigan Ave
- Lot size
- 3.43 lot acres
- Property type
- Land
Description
This exceptional 3.43-acre commercial land parcel in Pensacola, Florida, is ideally situated on West Michigan Avenue, boasting an impressive average daily traffic count of 35,500 vehicles. Located directly north of the Publix-anchored Bellview Plaza Shopping Center, this high-and-dry lot offers approximately 100 feet of frontage on Michigan Avenue. Its mid-block position, adjacent to established commercial businesses, presents a remarkable opportunity for a national restaurant or retail establishment. Zoned COM (Commercial) by Escambia County, the property's expansive rear area is well-suited for industrial development, warehousing, or storage facilities. Convenient access is provided via Denver Street on the eastern boundary and Tucson Avenue on the northern boundary, facilitating easy truck access. The property's proximity to national automotive and food service brands further enhances its appeal and potential for significant return on investment. The asking price is $875,000, and the APN is 421S302101001031. This is a rare opportunity to acquire a strategically located commercial property in a thriving Pensacola market. The property's size, location, and zoning make it a highly desirable investment.
Value Estimations
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AI approach
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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
- -87.2968
- Latitude
- 30.4613
