Property profile

1900 Cervantes St Pensacola, FL 32501

OFF-MARKET
Commercial land
Property ID
US18-3614985
0.26 ac lot Built 1961
Individually Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a cleared vacant corner parcel located in downtown Pensacola. It is zoned C-3 and measures 115 x 90 x 125 x 90, for a total lot size of 0.2612 acres. The site’s corner location within the downtown area supports a range of commercial uses permitted by the C-3 zoning classification.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1961
Lot 0.26 ac (11,326 SF)
Zoning code C-3
APN 00-0S-00-9060-019-126
UPID US18-3614985

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1900 Cervantes St Pensacola, FL 32501-2757
Pensacola metro Census 400 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2021
$50,000

Zoning & alternative use

C-3 · Pensacola, FL
Zoning description

The commercial land use district is established for the purpose of providing areas of commercial development ranging from compact shopping areas to limited industrial or high intensity commercial uses. Conventional resid…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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