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Investment Highlights

  • 1,355± Feet of Frontage on W. Highway 98
  • Electric and Water Available
  • Paved Gated Entrance
  • HC/LI Zoning Permits a Wide Range of Commercial & Light Industrial Uses
  • Convenient Access to Blue Angel Parkway, Perdido Key, and the Alabama State Line
  • Security Fencing

Executive Summary

Property Description
This 14± acre assemblage at 10105 W Highway 98 in Pensacola, Florida offers a rare opportunity for a wide range of commercial or mixed-use development. The property consists of two contiguous parcels with approximately 1,355 feet of frontage along West Highway 98, providing outstanding visibility, multiple access possibilities, and flexibility for a variety of site layouts. Approximately two acres of the property are uplands, while the remaining acreage consists of wetlands. A wetlands delineation report is available, and buyers have the option of mitigating the wetlands through banking or the purchase of mitigation credits. With its size, extensive highway frontage, and location along one of Pensacola’s primary commercial corridors, this property presents an excellent opportunity for developers, investors, or end users looking to capitalize on the continued growth of Southwest Escambia County.
Location Description
Located in the 10000 block of West Highway 98, this property is positioned in one of Pensacola’s fastest-growing commercial corridors. It sits less than 10 minutes from NAS Pensacola, one of the area’s largest employers and the home of the world-famous Blue Angels. Growth along the Highway 98 and Blue Angel Parkway corridor has accelerated throughout 2025 and 2026. Just one mile east, Blue Angel Plaza is bringing approximately 45 acres of new commercial development anchored by Publix, along with inline retail, outparcels, and recently opened businesses including Whataburger. The development also features a new signalized entrance from Blue Angel Parkway, improving access throughout the area. Across the parkway, a new Wawa and additional retail development continue to strengthen this growing trade area. The property’s location also provides convenient access to Perdido Key’s beaches, marinas, restaurants, and year-round recreational amenities, making the corridor attractive to both residents and visitors. Within a 15-minute drive, the trade area supports a daytime population of more than 57,000 people with a median household income exceeding $63,000. The surrounding neighborhoods continue to experience rising home values and stable household incomes, while Pensacola’s economy remains supported by major employers in the military, healthcare, financial services, and education sectors. With continued residential and commercial investment occurring nearby, this location is well positioned for future development and long-term growth.
Parcel Numbers: 242S312101000000, 242S312202000000

Property Facts

Price $649,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 13.85 AC
Zoning HC/LI - Heavy Commercial | Light Industrial

1 Lot Available

Lot

Price $649,000
Price Per AC $46,859.21
Lot Size 13.85 AC

13.85± acre commercial assemblage with approximately 1,355± feet of frontage on W. Highway 98. Irregular-shaped tract featuring HC/LI zoning, excellent visibility, and significant depth for a variety of commercial development opportunities.

Description

This 14± acre assemblage at 10000 Blk W. Highway 98 in Pensacola, Florida offers a rare opportunity for commercial or mixed-use development. The property consists of two contiguous parcels with approximately 1,355 feet of frontage along West Highway 98, providing exceptional visibility, multiple access opportunities, and flexibility for a variety of site layouts. Existing improvements include a paved, gated entrance with security fencing, as well as electric and water service to the site. Approximately 2.14± acres are uplands, with the balance consisting of jurisdictional wetlands. A current wetlands delineation report is available for buyer review. Combining extensive highway frontage, HC/LI zoning, existing site improvements, and a location along one of Pensacola's primary commercial corridors, this property presents an outstanding opportunity for developers, investors, and owner-users seeking to capitalize on the continued growth of Southwest Escambia County.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
  • Listing ID: 41129026

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 10000 Blk U.S. 98 W Hwy, Pensacola, FL 32506

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