15 Acres Between Davis Hwy. and University Pkwy.

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 28639553
Property Subtypes: Agricultural, Hospitality, Multi-Family, Residential (Single Family), Vacation/Resort, Other
Status: Pending
Gross Land Area: 15 Acres
Sale Price: $1,195,000
Unit Price: $79,666 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/22/2017

Overview / Comments

15 acres (zoned HDMU, 25 units/acre), secluded from Davis Hwy. yet near all urban amenities. Large, beautiful oaks, wooded for the most part. Excellent location for multiple housing, assisted living or nursing home developments.

Total density is 375 units. The price per unit is $3,187/door.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 141S306100000000
Zoning: HDMU
Market Type: Medium
Property Located Between: West of Davis Highway, east of University Parkway and north of Johnson Avenue.
Road Type: Private, Other
Legal Description: Beg 885 Ft 9 In And 990 Ft W Of Se Cor Of Lt 7 W 330 Ft N 440 Ft E 330 Ft S 440 Ft To Pob Db 339 P 482 Also Beg At Ne Cor Of S1/2 Of Lt 6 S Alg E Li Of Lt 6 Chains Wly At Ang Of 68 Deg 15 Min N 15 Chains Nly 9/10 Chains To N Li Of S1/2 Of Lt 6 E Alg N
Largest Nearby Street: Between North Davis Highway and University Parkway
Transportation: Bus, Shuttle, Rail, Highway, Airport, Taxi
Highway Access: Private Road
Airports: Pensacola International Airport
Site Description: Never developed land besides a couple homesteads. Several Heritage trees, Land slopes west towards University.
Area Description: Adjacent to HCA's West Florida Hospital and highly commercialized Davis Hwy. In proximity of University Mall, access to I-10, Hwy. 90 (Scenic Hwy.) and Nine Mile Rd. and UWF as well as Pace-Milton area.
Zoning Description: Apartment development, assisted living facility, etc.
Topography: Gently Sloping
Easements: Other
Easements Description: Warren Jernigan Place is only access to land.
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,133 58,485 124,046
Median Age: 34.05 37.16 38.39
Households: 3,491 25,077 49,898

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