3811 W Nine Mile Rd, Pensacola, FL 32526
For Sale
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FOR SALE | DEVELOPMENT‑READY COMMERCIAL LAND 3.50 Acres | 9 Mile Road Corridor – Pensacola, Florida Exceptional opportunity to acquire 3.50 acres of fully entitled, development‑ready commercial land located along the highly trafficked 9 Mile Road corridor in Pensacola, Florida. This site already has city approvals, permits, and completed site planning , allowing a new owner to immediately move forward with construction or reposition the project to suit their needs. The property is perfectly suited for major companies, national brands, developers, and operators seeking a prime location with minimal development barriers. With entitlements already in place, this site offers a rare turnkey opportunity for retail, mixed‑use, medical, hospitality, or corporate development. Strategically positioned less than one mile from Navy Federal Credit Union’s global headquarters and the Interstate‑10 corridor, the property sits within one of the fastest‑growing residential and employment hubs in Northwest Florida. With thousands of new residents moving into the area each year, the surrounding corridor continues to experience rapid population growth, new multifamily construction, and expanding retail demand — making this a high‑value opportunity for developers and investors seeking a shovel‑ready site in a booming market. Property Highlights Development‑Ready Site – Fully entitled with permits, approvals, and planning completed Prime Location – Situated along 9 Mile Road with 31,000+ AADT (2022) Explosive Population Growth – Escambia County population reaching 329,996 (2024) Major Employment Hub Nearby – Less than 1 mile from Navy Federal Credit Union Campus Surrounding Developments – Near Fusion Fine Wine & Liquors, The 52 Apartments, and Evolve Apartments Regional Accessibility – Minutes to I‑10, Pensacola International Airport, Sacred Heart Hospital, and Baptist Health Flexible Opportunity – Ideal for developers, national brands, owner‑operators, or 1031 exchange investors Traffic Counts & Demographics: 9 Mile Road Corridor – Pensacola, Florida Traffic Counts 31,000+ Vehicles Per Day (AADT) on 9 Mile Road Major east‑west commercial corridor connecting Interstate‑10, U.S. 29, and expanding residential communities High commuter traffic due to proximity to Navy Federal Credit Union campus Excellent visibility and accessibility for retail, service, and corporate uses Area Demographics: Population Growth Escambia County Population: ~337,757 (2026 estimate) 13% growth since 2010 with continued expansion driven by new housing and employment centers Age & Workforce Median Age: 38 years Strong working population supported by military, healthcare, and financial services sectors Income & Households Median Household Income (Pensacola Area): ~$61,620 Growing consumer base fueled by regional job growth and in‑migration Disclaimer: Conceptual renderings shown are for illustrative purposes only and may not reflect the final development design.
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Inspire Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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