305 N Navy Blvd Pensacola, FL 32507
This 0.20-acre vacant parcel in Pensacola, Florida, presents a unique investment opportunity. Located at 305 N Navy Blvd, in Escambia County (zip code 32507), this multi-use lot offers flexibility for either commercial development or the construction of a single-family residence. The property boasts excellent visibility on N Navy Blvd, a major thoroughfare, while a secondary road provides a degree of privacy. Its strategic location benefits from a blend of residential and commercial neighbors. The property's proximity to key amenities is a significant advantage: Wal-Mart is conveniently located just 600 feet to the north, and the Pensacola Naval Air Station Main Gate is only 1.3 miles to the south. This combination of high visibility, convenient location, and multi-use zoning makes this parcel ideal for a variety of development projects, offering the potential to live and work in the same location. The asking price is $48,900. The lot size is 0.2 acres. Serious inquiries only.
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.
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Risks
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