2921 Johnson Ave Pensacola, FL 32514
This exceptional 2.35-acre commercial land parcel, located at 2921 E Johnson Ave in Pensacola, Florida (zip code 32514), presents a remarkable investment opportunity. The property, identified by APN 17-1S-30-1205-000-000, is offered at an asking price of $209,000 and boasts a fee simple ownership. Its dimensions measure approximately 192 feet by 547 feet. The land is classified as Class A and zoned HDR (High Density Residential), making it ideally suited for the development of multi-family dwellings such as duplexes or fourplexes. This prime location offers convenient access to the Ellyson Industrial Park, enhancing its appeal for both residential and commercial ventures. The sale encompasses two combined parcels, providing a consolidated and readily developable site. Situated in Escambia County, this property represents a compelling chance to capitalize on the growing Pensacola market. Serious inquiries are encouraged to explore the potential of this exceptional land offering. All information is deemed reliable but not guaranteed and should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.