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10 Blk Patton Dr. - 1.24-Acre Site – Zoned COM with 25 DU/Acre De 1.24 Acres of Commercial Land Offered at $199,000 in Pensacola, FL 32507
INVESTMENT HIGHLIGHTS
- High-density with up to 25 dwelling units per acre
- Minimal setbacks and up to 85% lot coverage
- Vertical potential — build up to 150 feet in height
EXECUTIVE SUMMARY
Zoned Commercial (COM) in Escambia County, this site provides developers with broad options and favorable development standards:
• Residential Uses Permitted: Townhomes, two-family and multifamily dwellings, group living, and zero-lot-line subdivisions
• Density: Up to 25 dwelling units per acre
• Building Height: Up to 150 feet, offering vertical flexibility for multifamily or mixed-use projects
• Setbacks: Only 15 ft front/rear, 10 ft sides — ideal for maximizing buildable area
• Lot Coverage: Up to 85% impervious, no minimum lot size required
• Location-Ready: Situated along a high-visibility arterial or collector road, within ¼ mile of major intersections and traffic generators such as retail centers, schools, and established residential communities
• Infill-Friendly Designation: Supports compact, efficient development that complements surrounding commercial and residential uses
• Residential Uses Permitted: Townhomes, two-family and multifamily dwellings, group living, and zero-lot-line subdivisions
• Density: Up to 25 dwelling units per acre
• Building Height: Up to 150 feet, offering vertical flexibility for multifamily or mixed-use projects
• Setbacks: Only 15 ft front/rear, 10 ft sides — ideal for maximizing buildable area
• Lot Coverage: Up to 85% impervious, no minimum lot size required
• Location-Ready: Situated along a high-visibility arterial or collector road, within ¼ mile of major intersections and traffic generators such as retail centers, schools, and established residential communities
• Infill-Friendly Designation: Supports compact, efficient development that complements surrounding commercial and residential uses
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $199,000 | Lot Size | 1.24 AC |
| Price Per AC | $160,483.87 |
| Price | $199,000 |
| Price Per AC | $160,483.87 |
| Lot Size | 1.24 AC |
This 1.24-acre parcel offers the rare blend of commercial flexibility and residential density. Strategically located along a central arterial corridor, this property is ideally suited for townhome, multifamily, or mixed-use development
1 1
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 50-2S-30-4590-000-004 | Total Assessment | $36,932 |
| Land Assessment | $36,932 | Annual Taxes | ($1) |
| Improvements Assessment | $0 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
50-2S-30-4590-000-004
Land Assessment
$36,932
Improvements Assessment
$0
Total Assessment
$36,932
Annual Taxes
($1)
Tax Year
2024
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10 Blk Patton Dr. - 1.24-Acre Site – Zoned COM with 25 DU/Acre De
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