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    555 S G St Pensacola, FL 32502
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    Property profile & analytics

    555 S G St Pensacola, FL 32502


    • Showrooms
    • 25,098 SF
    • 1.54 lot acres
    Pensacola Land Development Opportunity For Sale
    $1,495,000
    1.50 Acres

    Pensacola Land Development Opportunity

    Approximately 1.5 acres of land near Downtown Pensacola.

    555 S G St, Pensacola, FL 32502
    View Listing
    Property ID
    US18-3596497
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Showrooms

    Property Details for 555 S G St

    Year built
    1952
    Construction
    TYPE NOT SPECIFIED
    Lot size
    1.54 lot acres
    Property size
    25,098 SF
    Zone code
    C-3
    Property type
    Showrooms
    APN
    00-0S-00-9080-001-139
    APU
    000S009080001139

    Description

    This exceptional 1.543-acre commercial land parcel presents a compelling investment opportunity in Pensacola, Florida. Located at 555 S G St, Escambia County, zip code 32502 (APN: 000S009080001139), this property is fully entitled for development as a 32-lot townhome subdivision, complete with approved civil plans and a final plat. The C-3 zoning designation further allows for the construction of up to 53 apartment units, with the potential for even greater density subject to city conditional use permits. This prime location boasts exceptional visibility and accessibility, situated less than a mile from downtown Pensacola and experiencing a high volume of traffic, with an average annual daily traffic count (AADT) of 11,600 vehicles. Infrastructure is readily available, with water and sewer tap costs estimated at $3,000 to $3,500 per unit through ECUA. This fully permitted site offers significant potential for immediate development, making it an attractive proposition for developers seeking a high-return investment in a thriving urban area. The property's strategic location and development-ready status combine to create a rare opportunity to capitalize on Pensacola's robust real estate market. This is a turnkey project ready for immediate action.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,200,000
      ML approach
      $1,200,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,379,000
      Market price range: $1.38M - $6.46M
      AI Estimate
      $1,379,000
      Market price range: $1.38M - $6.46M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Pensacola
    County
    Escambia
    State
    Florida
    Longitude
    -87.2337
    Latitude
    30.4061
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,452
    $0.00
    $0.00
    $403,200
    -
    $403,200
    $0.00
    $403,200
    View Listing
    More about this property
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