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Property profile & analytics
FOR SALE
Commercial real estate

701 Beverly Pkwy Pensacola, FL 32505

0.48 ac lot
Property ID
US19-0601214
701 Beverly Pkwy, Pensacola, FL 32505 For Sale
$325,000
701 Beverly Pkwy, Pensacola, FL 32505
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Property summary
AI-generated overview

This exceptional 0.48-acre commercial land parcel, located at 701 Beverly Pkwy, Pensacola, FL 32505 (APN: 461S301100018011), presents a prime redevelopment opportunity. Zoned HCLI, this property boasts 276 feet of frontage on Beverly Parkway, a major thoroughfare with a daily traffic count of 33,500 vehicles in 2023. Its strategic corner location at the intersection of Beverly Parkway and Burlington Avenue offers excellent visibility and accessibility. The site benefits from proximity to a lighted intersection with an additional 60,000 CPD on W Street and Beverly Pkwy, and easy access to Burlington Avenue via a median turn. Currently, an 899 square foot standalone building is on the site, previously used as a car dealership sales office. This property is ideally situated near the thriving Cordova Business District, Pensacola State College, Ascension Sacred Heart Hospital, HCA Hospital, and less than two miles from the new $650 million Baptist Hospital. Its location within the bustling Car City area, surrounded by new and used car dealerships, automotive aftermarket retailers, and various service-oriented businesses, ensures high traffic and strong potential for a variety of commercial uses. The asking price for this exceptional property is $325,000.

Property profile
Verified
Property type Commercial real estate
Lot 0.48 ac (20,909 SF)
APN 461S301100018011
UPID US19-0601214
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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