5365 W Nine Mile Rd Pensacola, FL 32526
This exceptional 5.15-acre commercial land parcel presents a compelling investment opportunity in Pensacola, Florida. Located at 5365 W Nine Mile Rd, this property boasts a highly desirable location, offering 290 feet of frontage on Nine Mile Road, a major thoroughfare with an impressive Average Annual Daily Traffic (AADT) count of 20,500 vehicles. Its strategic position sits between the Navy Federal Credit Union campus and a newly constructed Publix shopping center, ensuring high visibility and significant foot traffic. The property is zoned COM, providing flexibility for a wide range of commercial developments. Included on the property is a 3,710 square foot brick house, although it is not factored into the asking price of $1,895,000. The property also features a paved driveway, a barn, and a pool. The land itself is priced at $367,961 per acre, reflecting its prime location and development potential. The property's APN is 08-1S-31-2101-000-001. Currently, the owners reside in the existing house on the property. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly growing area of Pensacola, Escambia County, Florida, zip code 32526. Don't miss this chance to capitalize on this prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.