1441 Fairchild

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 29725641
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending/Contingent
Gross Land Area: 2.59 Acres
Sale Price: $109,900
Unit Price: $42,432 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/6/2017

Overview / Comments

THE PROPERTY CONSISTS OF APPROXIMATELY 2.5900 ACRES LOCATED ON THE WEST SIDE OF FAIRCHILD STREET JUST EAST OF MARIE AVE. THE PROPERTY IS ZONED R-4, 6.05.11. R-4 MULTIPLE-FAMILY DISTRICT, (CUMULATIVE) MEDIUM HIGH DENSITY. A. INTENT AND PURPOSE OF DISTRICT. THIS DISTRICT IS INTENDED TO PROVIDE FOR THE DEVELOPMENT OF MEDIUM HIGH DENSITY RESIDENTIAL USES AND STRUCTURES. THIS LAND USE IS DESIGNED TO ENCOURAGE THE EFFICIENT USE OF LAND AND MAINTAIN A BUFFER BETWEEN LOWER DENSITY RESIDENTIAL AND BUSINESS, COMMERCIAL AND INDUSTRIAL DISTRICTS. THE MAXIMUM DENSITY IS 18 DWELLING UNITS PER ACRE. REFER TO ARTICLE 11 FOR USES, HEIGHTS AND DENSITIES ALLOWED IN R-4, MULTIPLE-FAMILY AREAS LOCATED IN THE AIRPORT/AIRFIELD ENVIRONS. IT IS BORDERED BY ALL SIDES OF PROPERTY WITH THE ZONING R-4.THE "HIGHEST AND BEST USE" FOR THE PROPERTY SHOULD BE SOLD AS VACANT LAND WITH STRUCTURES CONVEYING NO VALUE.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Submarket Type: Suburban
Tax ID/APN: 311S301000000112
Zoning: R-4
Market Type: Medium
Side of Street: South
Road Type: Paved
Property Visibility: Good
Legal Description: LT 112 1ST ADDN OAKHURST PB 3 P 5 OR 7170 P 306
Largest Nearby Street: Davis Hwy
Feet of Frontage: 175
Lot Frontage: 175
Lot Depth: 647
Topography: Level
Easements: Electric Lines, Utilities
Available Utilities: Electric, Water

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,734 67,667 138,076
Median Age: 37.41 38.16 38.03
Households: 3,928 28,501 55,747

Source

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