5000 Carpenters Crk Dr Pensacola, FL 32503
This exceptional 2.11-acre commercial land parcel in Pensacola, Florida, presents a unique investment opportunity. Located at 5000 Carpenters Creek Drive, Escambia County (APN: 331S307200000024), this property boasts a desirable R-2 zoning designation, opening doors to a variety of development possibilities. The land is priced at $550,000, translating to approximately $284,360 per acre. Its strategic location offers convenient access to key amenities. The property enjoys creek frontage on Carpenter Creek Drive, providing a tranquil setting. Its proximity to major thoroughfares like Askew Drive and Bayou Boulevard, along with its close vicinity to Cordova Mall, Pensacola Airport, and Sacred Heart Hospital, ensures high visibility and accessibility. Askew Drive intersects with Bayou Boulevard across from Cordova Mall, while Carpenter Creek Drive intersects with North 9th Avenue across from a Publix supermarket. This prime location offers significant potential for commercial development, making it an attractive investment for discerning buyers seeking a well-situated property in a thriving area. The zip code is 32503. The coordinates are 30.470115 latitude and -87.2108356 longitude.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.