Catylist ID: #29966541
2.67 Acres Mobile Hwy Across From Walmart
Vacant Land for Sale
|Catylist Listing ID:||29966541|
|Property Subtypes:||Hospitality, Office, Retail|
|Gross Land Area:||2.67 Acres|
|Unit Price:||$372,659 Per Acre|
|Sale Terms:||Cash to Seller|
Overview / Comments
Sale contract in place - back up contracts welcomed.
Major Price Reduction....was $1,250,000....now $995,000. 2.67 Acres, Zoned Heavy Commercial at $8.56 PSF.
High visibility highway frontage with over 35,000 vehicles passing by daily. Located across the street from Pep Boys and Walmart at the SW corner of Mobile Hwy and Tonawanda Drive. Ideal location for retail, restaurant, hospitality or most any other commercial businesses. Property is 305' x 266' x 492' x 70' x 249' x 52' (See attached survey).
While there is currently a 18 room motel on the property, the value is in land. Land could be divided into 2 parcels (After purchased...Seller not interested). Ideal for 2 sites. Sewer to property (lift station on-site)
Neighbors in the area: Walmart, Pep Boys, Waffle House, Denny's, Advanced Auto Parts, Home Depot, Lowes, Walgreens, Office Depot.
Priced below recent comps in the neighborhood!
|Nearest MSA:||Pensacola-Ferry Pass-Brent|
|Taxing Authority:||Escambia County|
|Property Located Between:||Fairfield Dr and Tonawanda|
|Side of Street:||South|
|Legal Description:||Lengthy In File|
|Largest Nearby Street:||Fairfield Dr|
|Highway Access:||Fronts on Mobile Hwy (Hwy 90)|
|Airports:||Pensacola International Airport|
|Site Description:||Corner location with frontage on six lane highway.|
|Area Description:||Heavy retail area.|
|Zoning Description:||HCLI (Heavy Commercial/ Light Industrial)...allows for most commercial uses.|
|Development Name:||Currently 'Oceola Motel'|
|Available Utilities:||Electric, Water, Gas, Sewer|
|Proximity:||1 mile||3 miles||5 miles|
Gary Watson, CCIMEXIT Realty NFI-Commercial Gulf Coast CMLS Member
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