Acres Pine Forest & 9 Mile Rd

Vacant Land for Sale
Catylist Listing ID: 29888563
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 6.89 Acres
Sale Price: $1,400,000
Unit Price: $203,193 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/4/2017

Overview / Comments

Prime 6.89 Acres of Commercial acreage located within the 9 mile Rd corridor. This parcel contains hwy frontage on 3 major roadways which include 50' on 9 Mile Rd/Hwy 90, 221' on Pine Forest Rd, and 348' on Hwy 297. Interstate access is less than two miles to the south and less than 3 miles to the west. This area is poised for Continued growth over the next few years. Navy Federal is located 3 miles to the west and currently employs 2,800 people and is currently undergoing a massive expansion to its 9 mile rd facility which is to include two new buildings adding another 1,500 new jobs by years end. New Developments near this parcel include Walmart New Market, Starbucks, Walgreens, and others. There are Two existing Buildings on site. Building 1 is 9,300 sqf 2 story. Building 2 is 1600 sqf. The Possibilities are endless currently zoned HC/LI allowing for a variety of retail and service uses. Link to Video: https://www.youtube.com/watch?v=rDx1w1nU6N4

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 021S314402000001
Property Located Between: Pine Forest Rd, 9 Mile Rd, Hwy 297A
Property Visibility: Excellent
Legal Description: Multiple Parcels
Largest Nearby Street: 9 Mile Rd, Pine Forest Rd, Hwy 297A
Feet of Frontage: 619
Site Description: Level Acreage in 3 separate parcels. 6.89 Acres in Total. Two Existing buildings on site. Parcels contain frontage on 9 Mile Rd, Pine Forest Rd, and Hwy 297A
Area Description: Prime 6.89 Acres of Commercial acreage located within the 9 mile Rd corridor. Parcel contains 221' of highway frontage on Pine Forest Rd, 348' of frontage on Hwy 297A & 50' on 9 Mile Rd. This area is poised for major growth in the next few years. Navy Federal is located 3 miles to the west and currently employs 2,800 people on its 9 mile road campus and is currently undergoing a massive expansion with plans to add 1,500 new jobs.
Zoning Description: HC/LI The Heavy Commercial and Light Industrial (HC/LI) district establishes appropriate areas and land use regulations for a complementary mix of industrial uses with a broad range of commercial activities. The primary intent of the district is to allow light manufacturing, large-scale wholesale and retail uses, major services, and other more intense uses than allowed in the Commercial district.
Topography: Level
Easements: Electric Lines
Easements Description: 100' Power Line easement
Available Utilities: Electric, Water, Sewer, Broadband
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,717 30,828 88,514
Median Age: 40.57 41.84 38.93
Households: 2,457 12,069 33,406

Contact

Photograph of Listing Agent

Matthew Crosby

EXIT Realty NFI
Gulf Coast CMLS Member
© Copyright Gulf Coast CMLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.