10000 Blk W Hwy 98, Pensacola, FL 32506

Hwy 98 Website and Brochure

This 14± acre assemblage at 10105 W. Highway 98 in Pensacola, Florida offers a rare opportunity for commercial or mixed-use development. The property consists of two contiguous parcels with approximately 1,355 feet of frontage along West Highway 98, providing exceptional visibility, multiple access opportunities, and flexibility for a variety of site layouts. Existing improvements include a paved, gated entrance with security fencing, as well as electric and water service to the site. Approximately 2.14± acres are uplands, with the balance consisting of jurisdictional wetlands. A current wetlands delineation report is available for buyer review. Combining extensive highway frontage, HC/LI zoning, existing site improvements, and a location along one of Pensacola's primary commercial corridors, this property presents an outstanding opportunity for developers, investors, and owner-users seeking to capitalize on the continued growth of Southwest Escambia County.

Located in the 10000 block of West Highway 98, this property is positioned in one of Pensacola's fastest-growing commercial corridors. It sits less than 10 minutes from NAS Pensacola, one of the area's largest employers and the home of the world-famous Blue Angels. Growth along the Highway 98 and Blue Angel Parkway corridor has accelerated throughout 2025 and 2026. Just one mile east, Blue Angel Plaza is bringing approximately 45 acres of new commercial development anchored by Publix, along with inline retail, outparcels, and recently opened businesses including Whataburger. The development also features a new signalized entrance from Blue Angel Parkway, improving access throughout the area. Across the parkway, a new Wawa and additional retail development continue to strengthen this growing trade area. The property's location also provides convenient access to Perdido Key's beaches, marinas, restaurants, and year-round recreational amenities, making the corridor attractive to both residents and visitors. Within a 15-minute drive, the trade area supports a daytime population of more than 57,000 people with a median household income exceeding $63,000. The surrounding neighborhoods continue to experience rising home values and stable household incomes, while Pensacola's economy remains supported by major employers in the military, healthcare, financial services, and education sectors. With continued residential and commercial investment occurring nearby, this location is well positioned for future development and long-term growth.