Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-2 · Pensacola, FLThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-2 in Pensacola, FL.
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