Development Land @ Scenic Hills Country Club
Vacant Land
for Sale
| Catylist Listing ID: |
30715232 |
| Property Subtypes: |
Hospitality, Office, Retail, Retail-Pad, Vacation/Resort
|
| Gross Land Area: |
3.52 Acres
|
| Sale Price: |
$3,200,000 |
| Unit Price: |
$909,090 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/13/2024 |
Overview / Comments
One of Pensacola's most unique Development Properties: Located near the entrance to the Scenic Hills Country Club, this property has a tremendously high traffic count of 41,500 AADT according to FDOT. The property is near the traffic signal light and across from the new Walmart Neighborhood Market. The Northeast Pensacola corridor is seeing robust growth from new subdivisions, apartment complexes, and assisted living facilities. The opportunities for development on this parcel are endless.
Suggested uses could be Medical Complexes, Assisted Living Facilities, Hotels, Restaurant, Car Washes, Bank Buildings, Retail Plazas, and National Retailer Pad Sites.
This property is located just west of the University of West Florida and the Baptist Medical Complex. It is only 10 minutes from Pensacola International Airport, Cordova Mall, and Interstate I-10. New subdivisions and apartments are being developed to support the growing population base and work force from Navy Federal Credit Union, which is only 15-20 minutes west of this property.
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Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
Escambia County |
| Tax ID/APN: |
061S301000000024 |
| Zoning: |
COM |
| Property Located Between: |
Nine Mile Road |
| Property Visibility: |
Excellent |
| Legal Description: |
See Attachment 1. |
| Largest Nearby Street: |
Nine Mile Rd |
| Feet of Frontage: |
500 |
| Traffic/Vehicle Count: |
41,500 |
| Highway Access: |
Hwy. 90 and I-10 |
| Airports: |
Pensacola International Airport |
| Site Description: |
Higher than road level |
| Area Description: |
Commercial and Residential Mixed Area |
| Lot Frontage: |
500 |
| Lot Depth: |
420 |
| Zoning Description: |
COM |
| Development Name: |
Scenic Hills Commercial Property |
| Topography: |
Rolling |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,439 |
48,129 |
116,646 |
| Median Age: |
37.23 |
36.05 |
38.69 |
| Households: |
3,428 |
20,174 |
47,064 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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