Property profile

2218 Olive Rd Pensacola, FL 32514

OFF-MARKET
Commercial land
Property ID
US18-5634030
2,973 SF 0.38 ac lot Built 1970
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial land lot in Pensacola, Florida, located on E Olive Road. It comprises approximately 0.46 acres of land and is configured as a site suitable for commercial development consistent with applicable local zoning and land-use regulations.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1970
Construction WOOD FRAME
Total area 2,973 SF
Lot 0.38 ac (16,500 SF)
Zoning code COM
APN 18-1S-30-1305-000-000
UPID US18-5634030

Cap rate & NOI

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

Location

2218 Olive Rd Pensacola, FL 32514-6152
Pensacola metro Census 3512 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2026
Last sale
$55,100
7 recorded transactions
2026
$83,000
2022
Price N/A
2021
Price N/A
2020
Price N/A
2017
$55,100
2007
Price N/A
2006
$142,700

Zoning & alternative use

COM · Pensacola, FL

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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