Property profile

688 Brent Ln Pensacola, FL 32503

OFF-MARKET
Commercial land
Property ID
US18-0289929
0.43 ac lot Built 1958
Entity Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.43-acre commercial land parcel is ideally situated on Brent Lane in Pensacola, Florida's thriving Cordova Business District. Boasting an R2 zoning designation, this property presents a remarkable opportunity for businesses seeking high visibility and accessibility. With over 26,000 vehicles passing daily, and even higher traffic density within a half-mile radius, this location ensures maximum exposure for your enterprise. The site benefits from two existing driveways and a median cut on Brent Lane, providing convenient access. The property is bordered by established commercial businesses and features perimeter trees with a cleared central area. Its strategic location offers proximity to major employers and economic drivers, including Ascension Sacred Heart and Baptist Hospitals (both less than a mile away), and the I-10 on-ramp (half a mile away). While suitable for office or medical uses, higher-value commercial uses may require zoning adjustments. The property's APN is 481S308000090007. This prime location offers unparalleled potential for growth and success within a densely populated area. The asking price is $245,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1958
Lot 0.43 ac (18,731 SF)
Zoning code R-2
APN 48-1S-30-8000-090-007
UPID US18-0289929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

688 Brent Ln Pensacola, FL 32503-2104
Pensacola metro Census 1201 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2022
6 recorded transactions
2022
Price N/A
2019
$232,000
2010
Price N/A
2010
Price N/A
2009
Price N/A
1969
Price N/A

Zoning & alternative use

R-2 · Pensacola, FL
Zoning description

The residential or office land use district is established for the purpose of providing for a mixture of residential housing types and densities and office uses. Residential and office uses shall be allowed within the sa…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 688 Brent Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message