1 Acre Developer Opportunity, Nine Mile Rd. & Hwy 29

Vacant Land for Sale
Catylist Listing ID: 29819858
Property Subtypes: Industrial, Office, Retail, Self Storage, Other
Gross Land Area: 1 Acre
Sale Price: $79,000
Unit Price: $79,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2017

Overview / Comments

This 1 Acre parcel is located at the Northwest corner of Nine Mile Rd. and Hwy 29, also known as Pensacola Blvd, in Pensacola, FL. Nine Mile Rd. is the major east west thoroughfare in North Pensacola. Due to natural geographic boundaries, water and wetlands, Pensacola can only grow to the North. This property is located several miles north of Interstate 10 which allows access to most anywhere in Pensacola within fifteen minutes.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 081S303201026005
Zoning: HC/LI - HEAVY COMMERCIAL & LIGHT INDUSTRIAL
Area Description: Prime location & visibility with high traffic counts and great demographics. This parcel is 1 acre in size and located approximately 4 miles to the east of Navy Federal Credit Union, Nature Trail Subdivision and the proposed shovel-ready commerce park. Publix, Walgreen’s and Starbuck’s have completed new stores at the corner of Pine Forest and 9 Mile Road, all approximately half a mile to the West of this site. Walmart will soon be joining these retailers at the southeast corner of this intersection. Coastal Bank & Trust, First Gulf Bank, Peoples First, Harvest Federal Credit Union, and Gulf Coast Community Bank are all within a mile of this site. Lowe’s and Home Depot are located just a quarter mile from this site. Chili’s in front of the Home Depot is doing extremely well. Kohl’s Department Store is located five miles east of this site on nine Mile Road across the street from University of West Florida (Student population of 13,000). There is also a Target next to the Kohl’s along with West Florida Hospital and Baptist Hospital.
Zoning Description: HC/LI - Heavy Commercial & Light Industrial

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,783 44,870 104,636
Median Age: 37.14 39.62 37.9
Households: 1,138 18,048 41,138
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