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Hwy 98 - Hwy 98 & Aileron Ave 1.1 Acres of Commercial Land Offered at $499,000 in Pensacola, FL 32506
Investment Highlights
- Corner Lot with Full Access
- High-traffic Area
Executive Summary
The property offers a compelling opportunity for land or retail investors seeking flexibility and long-term upside. Situated on a prime corner lot with full access and no wetlands, the site is development-ready and efficiently configured for practical site planning, circulation, and access. Zoned HC/LI, the property supports a broad range of commercial and light industrial uses, allowing for diverse development strategies. Prominent frontage and strong visibility make the site well-suited for retail, service-oriented businesses, or mixed commercial concepts. Located within a growing Pensacola trade area, the property benefits from proximity to new grocery anchors Publix and ALDI, along with soon-to-open national retailers including Taco Bell, Wawa, and Tidal Wave Auto Spa, which are expected to further enhance traffic and area momentum. This offering represents a versatile investment opportunity suitable for both near-term development and long-term value appreciation.
Property Highlights:
Zoned HC/LI
Corner lot with full access
High-traffic area
Accessibility to major highways
Potential for mixed-use development
Property Highlights:
Zoned HC/LI
Corner lot with full access
High-traffic area
Accessibility to major highways
Potential for mixed-use development
Property Facts
| Price | $499,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 1.10 AC |
| Property Type | Land | ||
| Zoning | HC/LI - HC - Highway Commercial LI - Light Industrial | ||
| Price | $499,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 1.10 AC |
| Zoning | HC/LI - HC - Highway Commercial LI - Light Industrial |
1 Lot Available
Lot
| Price | $499,000 | Lot Size | 1.10 AC |
| Price Per AC | $453,636.36 |
| Price | $499,000 |
| Price Per AC | $453,636.36 |
| Lot Size | 1.10 AC |
Zoned HC/LI
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Hwy 98 - Hwy 98 & Aileron Ave
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