Individually Owned Property summary
The property consists of a vacant and cleared commercial parcel located on Cervantes Street, next to a Dollar General. It is zoned C-3 (Commercial) and encompasses nearly half an acre. A separate vacant lot measuring 27 by 120 feet is located behind the primary parcel on U Street; this rear parcel is distinct and can be developed independently for residential use. The measurements and lot sizes are reported from public records and require verification.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Pensacola, FLThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Pensacola, FL.
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