Hard Corner West Nine Mile Road
Vacant Land
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: |
30872964 |
| Property Subtypes: |
Office, Retail, Retail-Pad, Other
|
| Gross Land Area: |
2.44 Acres
|
| Sale Price: |
$1,100,000 |
| Unit Price: |
$450,819 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/18/2024 |
Overview / Comments
|
Hard corner lot at W Nine Mile Road and Rebel Road. Currently zoned LDR, and rezoning to commercial. The property is directly across from the newly built $45 MM Beulah Middle school. With is hard corner position and over 256 foot of frontage, visibility and access are optimum.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
Escambia County |
| Tax ID/APN: |
061S314202000006 |
| Zoning: |
LDR |
| Property Located Between: |
Nine Mile and Rebel Road |
| Property Visibility: |
Excellent |
| Legal Description: |
in file |
| Site Description: |
Located at the junction of West Nine Mile and Rebel Road, this 2.44-acre lot boasts a prime position as a hard corner lot. Currently zoned as LDR, the property is in the process of being rezoned for commercial use. Situated directly opposite the newly constructed $45 million Beulah Elementary School, and just a stone’s throw away from Beulah Road with its illuminated intersection and the bustling Publix Shopping Center, this site is strategically placed for maximum exposure. |
| Area Description: |
With Navy Federal’s $1 billion main campus less than two miles away, which is set to generate 10,000 jobs by 2026 with a combined payroll of $425 million and a staggering $1 billion capital injection into the local economy, the demand for high-paying employment opportunities in the vicinity has skyrocketed. As a result, a flurry of commercial developments and new residential subdivisions have sprung up in the area, making this corner lot a lucrative investment opportunity worth considering.
Developments in Immediate Area
Waffle House purchased the adjacent parcel in March 2024.
Nearby Wawa will open in 2025
Luxury $60MM Multi-Family The Quinn is currently under construction
Capstone Contractor recently completed $61.31 MM luxury 362,000 SF APT / Townhome Evolve
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| Lot Frontage: |
256 |
| Lot Depth: |
400 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
9,291 |
23,737 |
| Median Age: |
41.17 |
40.36 |
| Households: |
3,410 |
8,957 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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