701 Beverly Pkwy Pensacola, FL 32505
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.