177' of Frontange of Barrancas near Bayou Chico Bridge

Vacant Land for Sale
Catylist Listing ID: 30183746
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 1.65 SF
Sale Price: $1,499,900
Unit Price: $909,030 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/8/2017

Overview / Comments

Development opportunity on Barrancas Ave. This is a property that features over 177' of frontage on Barrancas Ave in the front and 150'of frontage on Lakewood Rd in the back. The lot is an excellent location for both retail and multi-family. The lot currently has 3 multifamily structures on it. On average, 23,000 vehicles drive past this location per day.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 592S302300012004
Zoning: COM/MDR
Property Located Between: Broadmoor Lane and Lakewood Rd on Barrancas
Property Visibility: Excellent
Legal Description: W 150 FT OF LT 4 FISHERS S/D OF 96A PLAT DB 11 P 349 OR 6791 P 1819 LESS OR 157 P 384 STATE RD NO S-292 R/W LESS OR 3766 P 692 RD R/W CA 195
Largest Nearby Street: Barrancas Ave
Feet of Frontage: 177
Traffic/Vehicle Count: 23,000
Highway Access: Property has frontage on Barrancas Ave in the Front and Lakewood Rd in the back.
Airports: Pensacola International Airport
Area Description: Lot is located on Barrancas close to Bayou Chico Bridge approximately 8 minutes to downtown Pensacola and 8 minutes to the NAS Pensacola main gate.
Lot Frontage: 177.6
Lot Depth: 512.6
Zoning Description: COM/MDR
Development Name: n/a
Available Utilities: Electric, Water, Gas, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,658 52,951 122,978
Median Age: 35.29 35.98 37.66
Households: 2,820 20,131 48,233


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