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Executive Summary

FOR SALE | DEVELOPMENT-READY COMMERCIAL LAND
3.50 Acres | 9 Mile Road Corridor – Pensacola, Florida
Exceptional opportunity to acquire 3.50 acres of fully entitled, development-ready commercial land located along the highly trafficked 9 Mile Road corridor in Pensacola, Florida. This site already has city approvals, permits, and completed site planning, allowing a new owner to immediately move forward with construction or reposition the project to suit their needs.
The property is perfectly suited for major companies, national brands, developers, and operators seeking a prime location with minimal development barriers. With entitlements already in place, this site offers a rare turnkey opportunity for retail, mixed-use, medical, hospitality, or corporate development.
Strategically positioned less than one mile from Navy Federal Credit Union’s global headquarters and the Interstate-10 corridor, the property sits within one of the fastest-growing residential and employment hubs in Northwest Florida.
With thousands of new residents moving into the area each year, the surrounding corridor continues to experience rapid population growth, new multifamily construction, and expanding retail demand — making this a high-value opportunity for developers and investors seeking a shovel-ready site in a booming market.
Property Highlights
Development-Ready Site – Fully entitled with permits, approvals, and planning completed
Prime Location – Situated along 9 Mile Road with 31,000+ AADT (2022)
Explosive Population Growth – Escambia County population reaching 329,996 (2024)
Major Employment Hub Nearby – Less than 1 mile from Navy Federal Credit Union Campus
Surrounding Developments – Near Fusion Fine Wine & Liquors, The 52 Apartments, and Evolve Apartments
Regional Accessibility – Minutes to I-10, Pensacola International Airport, Sacred Heart Hospital, and Baptist Health
Flexible Opportunity – Ideal for developers, national brands, owner-operators, or 1031 exchange investors
Traffic Counts & Demographics:
9 Mile Road Corridor – Pensacola, Florida
Traffic Counts
31,000+ Vehicles Per Day (AADT) on 9 Mile Road
Major east-west commercial corridor connecting Interstate-10, U.S. 29, and expanding residential communities
High commuter traffic due to proximity to Navy Federal Credit Union campus
Excellent visibility and accessibility for retail, service, and corporate uses
Area Demographics:
Population Growth
Escambia County Population: ~337,757 (2026 estimate)
13% growth since 2010 with continued expansion driven by new housing and employment centers
Age & Workforce
Median Age: 38 years
Strong working population supported by military, healthcare, and financial services sectors
Income & Households
Median Household Income (Pensacola Area): ~$61,620
Growing consumer base fueled by regional job growth and in-migration
Disclaimer: Conceptual renderings shown are for illustrative purposes only and may not reflect the final development design.
Investment highlights
Development-Ready Opportunity
3.50 acres of fully entitled commercial land
Permits, approvals, and planning completed — ready for immediate development
Strategic Location
High-visibility frontage along the 9 Mile Road commercial corridor
Less than 1 mile from Navy Federal Credit Union’s global headquarters
High-Growth Submarket
Surrounded by new multifamily developments including The 52 Apartments and Evolve Apartments
Rapid residential expansion driving demand for retail, services, and commercial uses
Regional Accessibility
Minutes from Interstate-10
Convenient access to Pensacola International Airport, major hospitals, and employment hubs
Flexible Investment Exit
Ideal for developers, national companies, corporate users, or 1031 exchange investors
Ability to execute a new development vision or reposition the site for alternative commercial uses
Disclaimer: Conceptual renderings shown are for illustrative purposes only and may not reflect the final development design.

Property Facts

Price $5,149,088 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units - Senior
  • Office Park
Total Lot Size 1.00 AC
No. Stories 4
Zoning C-2 - COM Land

1 Lot Available

Lot

Price $5,149,088 CAD
Price Per AC $5,149,087.61 CAD
Lot Size 1.00 AC

FOR SALE | DEVELOPMENT-READY COMMERCIAL LAND 3+ ACRES

Property Taxes

Property Taxes

Parcel Number
10-1S-31-2201-000-000
Land Assessment
$2,473,759 CAD
Improvements Assessment
$53,956,295 CAD
Total Assessment
$56,430,054 CAD
  • Listing ID: 39825337

  • Date on Market: 2026-03-18

  • Last Updated:

  • Address: 3811 W 9 Mile Rd, Pensacola, FL 32526

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