Catylist ID:
#30841012
Excellent Commercial Site - 4.13+/- acres - Interstate-10 Access
Shopping Center
for Sale
Also listed as Hospitality, Retail-Commercial
| Catylist Listing ID: | 30841012 |
| Property Subtypes: | Community Center, Fashion/Specialty, Free-Standing Store, Grocery-Anchored, Mixed Use, Neighborhood Center, Net Leased, Outlet Center, Power Center, Strip Center, Other |
| Building Size (RSF): | 24,321 SF |
| Gross Land Area: | 4.13 Acres |
| Sale Price: | $3,500,000 |
| Unit Price: | $143.91 PSF |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/1/2024 |
Overview / Comments
|
Excellent development opportunity with approximately 4.13+/- acres of Commercial zoned property with road frontage along all four sides. A multitude of options to develop along Avalon Blvd the major arterial corridor for this area with the location just north of Interstate 10 providing connection to both east (Crestview /Destin / Fort Walton) and west (Pensacola / Mobile) with 29,000 AADT. Contact Trey Potts (850) 501-9101 **Current tenant is on a Month to Month term. Do not access the property or approach the current tenant on site.** |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Santa Rosa |
| Taxing Authority: | Santa Rosa County |
| Tax ID/APN: | 40-1N-28-0090-52700-0010 & 40-1N-28-0090-52700-0100 |
| Zoning: | HCD - HIGHWAY COMMERCIAL DEVELOPMENT |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention, Other |
| Property Located Between: | San Blas Street & Santa Monica Street |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Avalon Blvd |
| Feet of Frontage: | 600 |
| Traffic/Vehicle Count: | 29,000 |
| Highway Access: | Highway Access provided by Avalon Blvd along with the Santa Monica Street, San Blas Street and N 32nd Avenue. |
| Airports: | Pensacola Airport to the West |
| Site Description: | Property is cleared leveled and currently improved. |
| Area Description: | Santa Rosa County is the fastest growing county within Florida Panhandle showing 24% growth over the last decade. |
| Zoning Description: | HCD : Highway Commercial Development |
| Lot Frontage: | 600+/- |
| Lot Depth: | 300+/- |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | AVALON BEACH LOTS 1-9 & 16-24BLK 527 AS DES IN OR 841PG 620 & THAT PORT OF 20 FTVAC ALLEY LYING BETWEEN SAID LTS AS DES IN OR 732 PG 6& OR 3605 PG 1525 & AVALON BEACH LOTS 10-15 BLK527 & THAT PORT OF 20 FT VACALLEY AS VAC IN OR 732 PG 6 &ALL AS DES IN OR 3218 PG 999 &IN OR 3238 PG 1199 & AS DES INOR 3778 PG 147 |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 11,887 | 26,931 |
| Median Age: | 38.08 | 39.23 |
| Households: | 4,618 | 10,491 |
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