1918 W Gadsden St Pensacola, FL 32501
This exceptional 1.03-acre parcel presents a unique opportunity for commercial development in Pensacola, Florida. Located at 1918 W Gadsden St, also known as 1905 W. Cervantes Street, this property boasts significant frontage on Cervantes Street and "M" Street, measuring approximately 150 feet on Cervantes, 300 feet on "M" Street, and 150 feet on Gadsden Street, for a total area of 44,866 square feet. The property is zoned C-1 (Retail-Commercial) by the City of Pensacola, making it ideal for a variety of commercial uses. Utilities are readily available, with water and sewer services provided by ECUA. This level, buildable lot offers excellent visibility and accessibility, making it an attractive investment for developers seeking a prime location in a thriving area. The property's dimensions provide ample space for a substantial commercial development project. Its strategic location and zoning designation make it a highly desirable site for businesses seeking a prominent presence in Pensacola. This is a rare opportunity to acquire a large, well-situated commercial lot in a rapidly growing market. Act quickly to secure this exceptional property.
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
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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.