5.51 Acres-West 9 Mile Rd

Withdrawn Vacant Land for Sale
Catylist Listing ID: 29827424
Property Subtypes: Office, Retail, Self Storage
Gross Land Area: 5.51 Acres
Sale Price: $1,490,000
Unit Price: $270,417 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 6/28/2017
Last Updated: 6/28/2017

Overview / Comments

There are two parcels....this info covers both. This is 3.67 Acres plus the 1.84 acres adjoining on the west side. Seller will sell either or both. The 2 together (5.51 Ac) is $1,490,000....Or $895,000 for the 3.67 Ac and $595,000 for the 1.84 Acres.

The 3.67 Ac parcel has 6 rental units and the 1.84 Acres has a single rental unit.

The value is in the land and this is one of the largest parcels left in the middle of the retail paradise. A rocks throw from Publix and Walmart Neighborhood Market and Walgreens...and get your Starbucks on the corner.

There is now 7.34 Ac additional acres available on the east side....see 2023 W 9 Mile Rd.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 12-1S-31-1100-007-004
Zoning: HC-LI
Market Type: Medium
Property Located Between: Pine Forest Rd and Hwy 29
Side of Street: South
Road Type: Highway
Property Visibility: Excellent
Legal Description: Lengthy in file (this is 2 lots)
Largest Nearby Street: Pine Forest Rd
Feet of Frontage: 400
Traffic/Vehicle Count: 19,800
Transportation: Highway
Highway Access: Property fronts on 9 Mile Rd (Hwy 90)
Airports: Pensacola International
Site Description: Level with 7 rental units....Highest and Best Use would be demo residential rentals and build retail.
Area Description: Level
Lot Frontage: 400
Lot Depth: 800
Zoning Description: HC/LI (Commercial and Light Industrial)
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,717 28,751 88,217
Median Age: 40.57 41.88 38.86
Households: 2,457 11,399 33,514


Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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