7.539 Acre-Prime Development Opportunity!

Retail-Commercial for Sale
Also listed as Vacant Land, Shopping Center
Catylist Listing ID: 29974660
Property Subtypes: Garden Center, Mixed Use, Restaurant, Retail-Pad, Other
Building Size (RSF): 48,745 SF
Gross Building Area: See Agent
Gross Land Area: 7.54 Acres
Sale Price: $2,498,500
Unit Price: $51.26 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/26/2017

Overview / Comments

Property is high/dry and sits on 6.945 acres surrounded by residential neighborhoods. The property is adjacent to an additional out parcel that can be sold together. Altogether the property would be 7.539 acres. Subject property is the site of a former 48,745 SF shopping center. Formerly laid out with 345 parking spaces. Ingress/Egress- Decel lane in place, median cut in place. Hard corner position property at lighted intersection. Cleared-Ready for development. County incentive available.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Midway (District 14)
Tax ID/APN: 36-2S-29-0000-00115-0000, 36-2S-29-0000-00116-0000
Zoning: HCD
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Visibility: Excellent
Largest Nearby Street: Gulf Breeze Parkway
Feet of Frontage: 495
Traffic/Vehicle Count: 40,500
Airports: Pensacola International Airport & Northwest Florida Regional (VPS)
Area Description: Up and coming area full of commercial and residential developments. Centered between the city of Gulf breeze and Navarre. The property is 10 minutes from Pensacola Beach, 15 minutes from Pensacola, and 20 minutes to Navarre Beach.
Total Parking Spaces: 345
Parking Type: Surface
Lot Frontage: 495
Lot Depth: 855
Legal Description: On File

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,794 13,803 26,973
Median Age: 42.82 42.83 44.14
Households: 3,104 5,561 11,616

Contact

Photograph of Listing Agent

John Griffing

NAI Halford Gulf Coast CMLS Member
Photograph of Listing Agent

Cameron Cauley

NAI Halford Gulf Coast CMLS Member

Source

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