+/- 3.7 AC development opportunity

5048 N Palafox St Pensacola, FL 32505

5048 N Palafox St, Pensacola, FL, 32505
5048 N Palafox St, Pensacola, FL, 32505
FOR SALE
Property Type:
Other Land
Amount:
$495,000
Last Verified:
Oct 22, 2025

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Highlights

  • Surrounded by a mix of industrial, automotive, and commercial users
  • Zoning: COM
  • AADT: 27,500 cars passing daily

Description

Excellent opportunity to acquire a well-positioned 3.7± acre parcel on N Palafox Street in central Pensacola. This property offers strong road frontage, high traffic counts, and flexible commercial zoning, making it ideal for a wide range of development uses. Located just minutes from I-110 and major connecting routes, the site provides excellent accessibility throughout the Pensacola metro area.

Discover 3.7± acres of high-visibility commercial land located on the heavily trafficked N Palafox corridor. Positioned just north of Brent Lane and minutes from I-110, this property offers exceptional accessibility and exposure in one of Pensacola’s established commercial districts.


Year Built: 2003
Building Size: 48144sq ft
Building Class: C
Lot Size: 3.71 acres


Documents

5048 N Palafox St Brochure

Map of 5048 N Palafox St, Pensacola, FL, 32505

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.