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    FOR SALE
    Community centers

    2475 E Nine Mile Rd, Pensacola, FL 32514

    15,384 SF 3.29 ac lot Built 2004
    Individually Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US18-1057405
    Property summary
    AI-generated overview

    This exceptional 1.7-acre commercial land parcel presents a compelling investment opportunity in Pensacola, Florida. Located at 2475 E 9 Mile Rd, this property boasts unparalleled visibility and accessibility, with road frontage on three sides: Davis Highway, Nine Mile Road, and Brewster Street. The site's strategic location near the University of West Florida entrances ensures high traffic volume and exposure to a substantial potential customer base. The daily traffic count on this highly visible location is estimated at 26,500 vehicles. The property is conveniently situated in Escambia County, Florida, with the APN 151S304103000000. Zoned C-1, this flat and cleared lot offers immediate development potential for a wide range of commercial uses. The asking price is $1,000,000, translating to approximately $588,235 per acre. This represents a significant opportunity to acquire a prime commercial site in a thriving area with excellent growth prospects. The property's size and location make it ideal for various commercial ventures, offering substantial return on investment potential. Don't miss this chance to secure this exceptional piece of commercial real estate in Pensacola.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 2004
    Construction TYPE NOT SPECIFIED
    Total area 15,384 SF
    Lot 3.29 ac (143,312 SF)
    Zoning code COM
    APN 15-1S-30-4103-000-000
    UPID US18-1057405
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • URU Yoga 9 Mile Gym & Fitness Center
    • Sleep Easy Medical Clinic
    • Old Thyme Remedies Gym & Fitness Center Alternative Medicine Practice
    • ERA American Real Estate Real Estate Agency
    • Magnolia Midwifery & Co. LLC Midwife
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.82M
    Blend (final) Blend
    $1.82M
    Owner & transaction history
    Logan G Cobb · 6 yrs held
    Logan G Cobb
    since 2020
    5 recorded transactions
    2020
    2019
    2019
    $150,000
    2005
    2002
    $107,000
    Zoning & alternative use
    COM · Pensacola, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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