1.97 Ac-Zoned HC-LI Just East of Palafox

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30024932
Property Subtypes: Industrial, Mobile Home Park, Office, Retail, Self Storage
Status: Pending
Gross Land Area: 1.97 Acres
Sale Price: $99,900
Unit Price: $50,710 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2018

Overview / Comments

Price reduced from $185,000.
1.97 Ac 137'x152'x433'x112'x506'x230' (See exhibit). This property abutts 3.0 aces also for sale with additional frontage on Olive and 176' frontage on Palafox.

Older home 1,800 SF on the front with a 800 SF shop in rear.

Combined with the 3 acres this could make a great retail or self-storage site.

Sewer-Forced Main in R/W in front of the property.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 21-1S-30-1101-009-042
Zoning: HC-LI
Property Located Between: Palafox and Briese Ln
Property Visibility: Good
Legal Description: Lengthy in file
Largest Nearby Street: Palafox
Traffic/Vehicle Count: 11,500
Highway Access: Fronts on Olive Rd (State Rd 290)
Airports: Pensacola International
Site Description: Level (see exhibit)
Area Description: Mostly local commercial with residential off Olive.
Lot Frontage: 137'
Lot Depth: 230'
Zoning Description: HC-LI (Heavy commercial and light industrial)
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,719 65,200 152,018
Median Age: 35.34 36.59 38.14
Households: 2,241 25,785 59,990


Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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