Hwy 98 & Aileron Ave

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Address: US-98, United States
Florida & Gulf Coast + Land/Development
Created date: February 2, 2026
Date last updated: October 19, 2026
Price: $499,000Investment Analyzer NEW!
  • Zoned HC/LI
  • Corner lot with full access
  • High-traffic area
  • Accessibility to major highways
  • Potential for mixed-use development

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Land/Development
Price: $499,000
Lot Size: 1.10 Acres
Opportunity Zone: No
Property Website Click Here
Address: Hwy 98 & Aileron Ave, Pensacola, FL 32506, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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