3501 N Palafox St - Freestanding FOR SALE


Pensacola, FL 32505- Southeast Pensacola
$2,300,000 USD
850-380-8180
3501 N Palafox St, Pensacola, FL for Sale
$2,300,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

3501 N Palafox St
Pensacola, FL 32505
Southeast Pensacola


HIGHLIGHTS

  • Two contiguous parcels totaling approximately 1.43 acres
  • Located at a signalized corner intersection with strong visibility - ideal for gas station / convenience retail
  • Combined ±130,000 vehicles per day (FDOT AADT - N Palafox St & E Fairfield Dr)
  • Approximately 5,519 SF existing commercial building
  • Flexible HC/LI zoning allowing a wide range of commercial uses
  • Minutes to Interstate 110 with strong regional connectivity

OVERVIEW

Offered for sale is a unique commercial real estate opportunity consisting of two contiguous parcels located at 3501 North Palafox Street & 3500 North Palafox Street BLK in Pensacola, Florida. The combined site totals approximately 1.43 acres and is improved with an existing single-story commercial building of approximately 5,519 square feet. The property is positioned on a signalized corner at the intersection of North Palafox Street and East Fairfield Drive, providing exceptional visibility, frontage, and access from two major arterial roadways. According to FDOT traffic data, the intersection benefits from combined traffic counts approaching 130,000 vehicles per day, offering strong exposure for a wide range of commercial uses such as gas station. The site is zoned HC/LI, allowing for flexible development and redevelopment options including automotive-related uses, retail, office, service-oriented businesses, or future repositioning. The existing improvements include multiple offices, restrooms, and support spaces, making the property suitable for immediate owner-user occupancy while also presenting long-term redevelopment upside. Strategically located just minutes from Interstate 110, the property offers excellent regional connectivity and convenient access to Pensacola’s primary transportation corridors. The combination of land size, zoning flexibility, high traffic exposure, and proximity to I-110 makes this asset well-suited for investors, developers, or owner-users seeking a high-profile commercial site in a growing Pensacola submarket.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$746 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Corner Retail Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Auto Repair, Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

ID-2

APN/PARCEL ID

05-2S-30-1001-002-027,05-2S-30-1001-005-027

ASK ABOUT THIS PROPERTY

Maria SokolovaDALTON WADE INCMore Info
850-380-8180

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Maria SokolovaDALTON WADE INCMore Info
850-380-8180

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.