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551 Gulf Beach Hwy 0.55 Acres of Commercial Land Offered at $49,999 in Pensacola, FL 32507
Investment Highlights
- Located in the main retail corridor in the West Pensacola Market
- 200 feet of frontage along Gulf Beach Hwy: passed by 19,900 daily drivers.
- Near the NAS Pensacola military base, colleges and other residential developments
Executive Summary
Excellent opportunity to purchase +/- 0.55 acres of vacant commercial land in Pensacola, Florida. The property is located off Gulf Beach Highway, which experiences 23,800 vehicles per day. The site is less than one mile south of the Walmart Supercenter on N Navy Blvd in the West Pensacola sub-market's highly trafficked retail trade area. The site is in close proximity to the Pensacola Naval Air Station, Pensacola State College, and downtown Pensacola. Pensacola has a strong economy due to its tourism, military presence, housing, and retail demand. Nearby retailers and restaurants include Family Dollar, Dollar Tree, Walmart, Autozone, Navy Federal Credit Union, Advanced Auto Parts, O'Reilly Auto Parts, McDonalds, Chick-fil-A, Taco Bell, and many others.
Property Facts
| Price | $49,999 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.55 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | Commercial - Commercial | ||
| Price | $49,999 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.55 AC |
| No. Stories | 1 |
| Zoning | Commercial - Commercial |
1 Lot Available
Lot
| Price | $49,999 | Lot Size | 0.55 AC |
| Price Per AC | $90,907.27 |
| Price | $49,999 |
| Price Per AC | $90,907.27 |
| Lot Size | 0.55 AC |
+/- 0.55 acres of vacant commercial land in Pensacola, Florida. The property is located off Gulf Beach Highway.
Description
The property is just West of the core retail trade area, Pensacola International Airport, hospitals, and the University of West Florida. The site is also just 15 minutes from Downtown Pensacola and 30 minutes from beautiful tourist destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 50-2S-30-7020-006-005 | Improvements Assessment | $150 |
| Land Assessment | $38,890 | Total Assessment | $39,040 |
Property Taxes
Parcel Number
50-2S-30-7020-006-005
Land Assessment
$38,890
Improvements Assessment
$150
Total Assessment
$39,040
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