1202 W Lee St Pensacola, FL 32501
This exceptional 0.19-acre parcel in Pensacola, Florida, presents a compelling investment opportunity. Located in an Opportunity Zone, this property boasts High-Density Mixed-Use (HDMU) zoning, allowing for diverse development options including residential, commercial, or a blend of both. The land's buildable nature makes it ideal for various projects, capitalizing on Pensacola's expanding market. Priced affordably at $45,000, this translates to approximately $237,217 per acre, representing significant value for developers and investors seeking a strategic location with flexible zoning. The property's accessibility within a growing area further enhances its appeal. This is a rare chance to acquire a versatile lot with substantial potential for future growth and returns, offering significant tax benefits due to its Opportunity Zone designation. The site is ready for immediate development, presenting a unique opportunity to shape the future of this thriving area. Serious inquiries are encouraged to explore this promising investment.
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.