3400 12th Ave Pensacola, FL 32503-4009
This exceptional commercial property, located at 3400 N 12th Ave in Pensacola, Florida, presents a unique investment opportunity. The 1,544 square foot building sits on a 0.435-acre lot and is zoned C-3, allowing for a variety of uses including auto shop, restaurant, or warehouse. Currently vacant, this single-story building offers significant potential for owner-users or investors seeking a prime location. The property boasts excellent visibility and convenient access on N 12th Ave (6,700 AADT) and Texar Drive (4,100 AADT), placing it within easy reach of key amenities. Nearby attractions include Cordova Mall, Ascension Sacred Heart Hospital, AMC Movie Theaters, Cactus Flower Cafe, and numerous restaurants and historical sites. The property's APN is 032S302000005004. Its strategic location in Escambia County, Florida, zip code 32503, offers unparalleled access to Pensacola's vibrant downtown area and its rich heritage. The asking price is $524,900. This is a rare chance to acquire a versatile commercial property in a high-traffic area with strong potential for growth and return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Pensacola, FLPensacola. Always verify with local authorities before improvements.
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.