4153 Ashland Ave Pensacola, FL 32534
Exceptional redevelopment opportunity in Pensacola, Florida, presents a prime .94-acre lot ideally suited for multi-family or industrial development. Priced at $325,000, this vacant, Class A property boasts 45,000 square feet of buildable space. The single-story lot is level, dry, and mostly cleared, simplifying development. Its strategic location on Ashland Avenue near the bustling 9 Mile Road (30,500 vehicles per day) offers unparalleled visibility and accessibility. The HC/LI zoning allows for a variety of uses. This location benefits from proximity to thriving commercial centers, including Publix, Extra Space Storage, Bobcat, AAA Travel Agency, Ascension Healthcare, The First Bank, and Harvester's Credit Union, indicating strong potential for tenant attraction and high occupancy rates. The rectangular shape of the lot maximizes usability and efficiency for development plans. This full-ownership property presents a compelling investment for developers and owner-users seeking a high-growth area with established infrastructure and strong surrounding businesses. The property is zoned for commercial and industrial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.