Catylist ID:
#30875998
Nearly 2 Acres HDMU Prime Investment Opportunity
Multi-Family
for Sale
| Catylist Listing ID: | 30875998 |
| Property Subtypes: | Mixed Use, Other |
| Number of Units: | 2 Units |
| Building Size (RSF): | 1,442 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.94 Acres |
| Sale Price: | $265,000 |
| Unit Price: | $132,500 Per Unit |
| Property Use Type: | Investment, Vacant/Owner-User, Business |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/7/2024 |
Overview / Comments
|
Prime Investment Opportunity on Dog Track Road, Pensacola, FL Property Overview: Unlock the potential of nearly 2 acres of prime real estate on Dog Track Road, perfectly positioned near the sought-after Blue Angel Highway. This versatile property is zoned HDMU (High Density Mixed-Use) and Multi-Family = 9, offering a multitude of development possibilities to savvy investors. Key Features: Size & Zoning: Approximately 2 acres, zoned HDMU and Multi-Family = 9, providing flexibility for a variety of development projects, including residential, commercial, or a combination of both. Location: Situated on Dog Track Road near the highly desirable Blue Angel Highway, this property enjoys excellent visibility and accessibility, making it an attractive choice for developers and investors alike. Proximity to Major Developments: Nestled in an area experiencing significant growth, with new home developments nearby, this location promises a steady influx of potential residents and customers. Nearby Attractions: Close to NAS Pensacola, Perdido Beach, and many other area attractions this property offers convenience and appeal to both residents and businesses looking to capitalize on the area's vibrant lifestyle and amenities. Investment Highlights: High Demand Area: The strategic location near Blue Angel Highway ensures high demand for both residential and commercial developments. Investors can capitalize on the growing need for housing and retail spaces in this bustling corridor. Flexible Development Options: The HDMU zoning allows for a variety of uses, including retail, office spaces, restaurants, and multi-family housing, giving investors the freedom to design a project that maximizes returns. Growth Potential: With ongoing residential developments in the vicinity, the area is poised for continued growth, promising strong appreciation and high rental yields. Why Invest Here? This property on Dog Track Road offers a unique blend of prime location, flexible zoning, and growth potential, making it an exceptional investment opportunity. Whether you are looking to develop multi-family housing, commercial spaces, or a mixed-use project, this property provides the perfect canvas to bring your vision to life. |
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Zoning: | HDMU |
| Site Description: | Partially Cleared HDMU with county use code of MULTI-FAMILY <=9. 2 septic tank, 2 separate water and electric connections, and 1 gas line run. Currently there is a small cottage and mobile home on site. Prime location to NAS, Perdido and Johnson Beach, Museums, Parks, Fishing Charters, and Boat Launches within minutes. |
| Area Description: | 1.2 miles to shopping (Walmart supercenter, target, Starbucks, etc.) 1.5 miles to Bill Dixon park, dog park, boat launch 1.7 miles Boo For You Gardens 3.0 miles back gate of Naval Air Station Pensacola (NAS – Pensacola) 5.2 miles Pensacola Lighthouse and Maritime Museum 5.5 miles to National Naval Aviation Museum 5.5 miles to Big Lagoon State Park 5.9 miles Perdido Bay golf course 6.4 miles Tarkan Bayou State Park - dogs allowed 6.9 miles to historic Fort Barracus 7.3 miles to Perdido Key 8.5 miles to Johnson beach national seashore |
| Total Number of Buildings: | 2 |
| Property Condition: | Fair |
| Number of Stories: | 1 |
| Construction/Siding: | Other |
| Parking Type: | Surface |
| Sprinklers: | None |
| Heat Type: | Other |
| Heat Source: | Other |
| Fuel: | Gas, Electric |
| Air Conditioning: | Other |
| Zoning Description: | High density mixed-use district (HDMU). MULTI-FAMILY <=9 |
| Water Service: | Municipal |
| Sewer Type: | Septic |
| Easements: | Utilities |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,614 | 28,170 | 70,352 |
| Median Age: | 33.48 | 35.56 | 35.15 |
| Households: | 2,197 | 11,025 | 25,884 |
Contact
| © Copyright 2024 Moody's. All Rights Reserved. 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. |
