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Investment Highlights

  • Approximately 20 minutes from Downtown Pensacola and Pensacola International Airport
  • Strong residential growth surrounding Cantonment, adding demand for retail and multifamily products
  • Lighted intersection enhances traffic counts and accessibility, with direct access to Hwy 29, a major north-south corridor
  • Within 10 miles of major employment hubs and nearby retail including Publix, Walmart, and regional shopping
  • Accessible to Interstate 10 for regional connectivity across the Gulf Coast

Executive Summary

Opportunity to acquire or ground lease a prime development site at the intersection of Neal Road and Hwy 29 in fast-growing Cantonment, Florida. Spanning 13.75 acres, this vacant corner parcel offers exceptional visibility, access, and flexibility for mixed-use development. The property features gently rolling topography, mature trees, and is high and dry, allowing for efficient site planning and reduced sitework costs.
Zoned HC/LI and LDR, the site supports multiple development options, including retail or commercial uses along the frontage and residential subdivision or multifamily apartments in the rear portions. This dual-zoning advantage provides developers and investors with the opportunity to design a dynamic project blending convenience retail and quality housing, supported by a robust and growing population base.
Strategically positioned near major highways and within a short drive to Pensacola, this site offers superior connectivity across Escambia County. Ideal for national and regional retailers, neighborhood shopping centers, or integrated mixed-use concepts, this property stands as a rare large-scale corner opportunity in one of Northwest Florida’s key growth corridors.

Property Facts

Price $1,995,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hold For Development
  • Neighborhood Center
  • Planned Unit Development
  • Single Family Development
  • Strip Center
Total Lot Size 13.75 AC
Zoning HC/LI and LDR - Heavy Commercial/ Light Industrial and one portion is zoned Low Density Residential

1 Lot Available

Lot

Price $1,995,000
Price Per AC $145,090.91
Lot Size 13.75 AC

Vacant corner parcel, features gently rolling topography, mature trees, and is high and dry, allowing for efficient site planning and reduced sitework costs. Great mixed use site or apartment site.

Description

Spanning 13.75 acres, this vacant corner parcel offers exceptional visibility, access, and flexibility for mixed-use development. The property features gently rolling topography, mature trees, and is high and dry, allowing for efficient site planning and reduced sitework costs. Strategically positioned near major highways and within a short drive to Pensacola, this site offers superior connectivity across Escambia County. Ideal for national and regional retailers, neighborhood shopping centers, or integrated mixed-use concepts, this property stands as a rare large-scale corner opportunity in one of Northwest Florida’s key growth corridors.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 40404811

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 1300 BLK Neal rd, Cantonment, FL 32533

Contact the Sale Advisor

1300 BLK Neal rd - Development Land - Neal Rd./ Hwy. 29 Interstn

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