9150 Gulf Beach Hwy Pensacola, FL 32507
This 0.5-acre commercial lot, located at 9150 Gulf Beach Hwy in Pensacola, Florida (Escambia County, zip code 32507), is offered at $105,000. The property boasts 130 feet of frontage on Gulf Beach Hwy, strategically positioned near the intersection of Gulf Beach Hwy and Sorrento Rd. Zoned HC/LI, this site presents a significant redevelopment opportunity with potential for substantial value appreciation. A currently installed billboard provides an additional income stream. The location offers excellent visibility and accessibility, situated adjacent to residential areas and within minutes of major retailers including Walmart, Target, and Synovus Bank. The lot size falls within a range of 0.49 to 1.79 acres, with a land value of $214,286 per acre. This property is ideal for investors seeking a high-impact commercial development project in a thriving Pensacola location. The property's convenient location and zoning make it suitable for a variety of commercial uses. The existing billboard adds a unique revenue-generating element to this already attractive investment opportunity. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.