1842 Cervantes St Pensacola, FL 32501
- Commercial land
- 0.21 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1842 Cervantes St
- Year built
- 1959
- Lot size
- 0.21 lot acres
- Zone code
- C-3
- Property type
- Commercial land
- APN
- 00-0S-00-9060-001-115
- APU
- 000S009060001115
Description
This exceptional 0.21-acre commercial land parcel presents a compelling investment opportunity in Pensacola, Florida. Located at 1842 W Cervantes St, in Escambia County, zip code 32501 (30.4208653, -87.2387633), this property boasts a highly desirable C-3 zoning designation, opening doors to a wide array of commercial uses. The asking price is $44,000, translating to an attractive price per acre of $209,524. Situated on a corner lot at the intersection of Cervantes and "M" Street, this vacant land offers excellent visibility and accessibility. Its strategic location makes it ideal for various commercial ventures, potentially including additional parking for nearby businesses. The property's size and zoning make it a particularly attractive option for those seeking assemblage possibilities with other nearby parcels. Note that the owner also possesses an adjacent property across the street, presenting further opportunities for expansion or development. This is a rare chance to acquire a well-positioned commercial lot in a thriving area of Pensacola. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2388
- Latitude
- 30.4209
- CBSA code
- 37860
- CBSA name
- PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
