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Hwy 98
Pensacola, FL 32506
Hwy 98 & Aileron Ave · Land For Sale
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1.11 AC


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
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 1.11 AC |
| Zoning | HC/LI - HC - Highway Commercial LI - Light Industrial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.11 AC |
| Zoning | HC/LI - HC - Highway Commercial LI - Light Industrial |
1 Lot Available
Lot
| Price | $693,745 CAD | Lot Size | 1.10 AC |
| Price Per AC | $630,677.02 CAD |
| Price | $693,745 CAD |
| Price Per AC | $630,677.02 CAD |
| Lot Size | 1.10 AC |
Zoned HC/LI
Property Taxes
| Parcel Number | 24-2S-31-1101-003-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $44,563 CAD | Total Assessment | $44,563 CAD |
Property Taxes
Parcel Number
24-2S-31-1101-003-001
Land Assessment
$44,563 CAD
Improvements Assessment
$0 CAD
Total Assessment
$44,563 CAD
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