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Property profile & analytics
OFF-MARKET
Land

1500 E 9 mile road Pensacola, FL 32514

Property ID
Property summary
AI-generated overview

One of Pensacola's most unique Development Properties: Located near the entrance to the Scenic Hills Country Club, this property has a tremendously high traffic count of 41,500 AADT according to FDOT. The property is near the traffic signal light and across from the new Walmart Neighborhood Market. The Northeast Pensacola corridor is seeing robust growth from new subdivisions, apartment complexes, and assisted living facilities. The opportunities for development on this parcel are endless. Suggested uses could be Medical Complexes, Assisted Living Facilities, Hotels, Restaurant, Car Washes, Bank Buildings, Retail Plazas, and National Retailer Pad Sites. This property is located just west of the University of West Florida and the Baptist Medical Complex. It is only 10 minutes from Pensacola International Airport, Cordova Mall, and Interstate I-10. New subdivisions and apartments are being developed to support the growing population base and work force from Navy Federal Credit Union, which is only 15-20 minutes west of this property.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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