Property profile

0 Sorrento Rd Pensacola, FL 32507

OFF-MARKET
Retail properties & Spaces
1.75 ac lot
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Property summary

AI-generated overview

This exceptional 1.75-acre commercial land parcel, located at 0 Sorrento Road in Pensacola, Florida (zip code 32507, APN 133S312101000000), presents a unique investment opportunity. Zoned C-1, this property offers significant potential for various commercial uses, including office and retail developments. Situated conveniently adjacent to Sorrento Plaza and just west of the intersection of Blue Angel Parkway and Sorrento Road, the location benefits from high visibility and proximity to major retail anchors such as Walmart and Target. The parcel boasts a substantial lot size, measuring 147 feet of frontage and 350 feet in depth, providing ample space for development. This rapidly developing area is experiencing significant growth, making this one of the last remaining larger parcels available near the heart of the retail activity. The asking price is $399,000, translating to $228,000 per acre, reflecting the exceptional value and strategic location of this property. This is an ideal opportunity for investors seeking to capitalize on the burgeoning commercial landscape of Pensacola. The property is vacant and ready for immediate development.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.75 ac (76,230 SF)

Cap rate & NOI

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

Location

Sorrento Rd Pensacola, FL 32507
Pensacola metro
Google Maps

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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