Opportunity Zone Development Site
Vacant Land
for Sale
| Catylist Listing ID: |
30348892 |
| Property Subtypes: |
Industrial
|
| Gross Land Area: |
3.07 Acres
|
| Sale Price: |
$198,500 |
| Unit Price: |
$64,657 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/9/2024 |
Overview / Comments
Three parcels located in a proposed Opportunity Zone Tract (12113010600) currently zoned for industrial use. Parcel 1 and Parcel 2 (see listing image) are intersected by what could be an extension of Escambia St. on a future date in time.
Property is just south of Hwy 90, a main arterial roadway connecting East Milton to Pace and Pensacola.
Vacant land along Municipal and Elmira St is sparse. Property is suited for investment or development.
There exists a 25' easement so the owner of this lot can access the riverfront.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Santa Rosa |
| Taxing Authority: |
Milton (Dist. 3) |
| Tax ID/APN: |
03-1N-28-2530-05000-0070 ; 03-1N-28-2530-04900-0010; 03-1N-28-2530-04800-0010 |
| Zoning: |
INDUSTRIAL |
| Property Located Between: |
Elmira St and Municipal Drive |
| Property Visibility: |
Excellent |
| Legal Description: |
Parcel 1: TOWN OF MILTON PORT BLK 48 DE S AS: ALL S OF RR LESS LOT 7 AS DES IN OR 3691 PG 1645
Parcel 2: TOWN OF MILTON ALL BLK 49 LYING S OF THE L & N R/W AS DES IN OR 3691 PG 1645
Parcel 3: TOWN OF MILTON LOTS 7 & 8 BLK 50 AS DES IN OR 3691 PG 1645 |
| Largest Nearby Street: |
Elmira St. |
| Highway Access: |
Blocks from Highway 90 |
| Rail Access: |
Yes |
| In Flood Plain?: |
Yes |
| Topography: |
Level |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,837 |
19,768 |
44,583 |
| Median Age: |
41.91 |
38.04 |
38.16 |
| Households: |
789 |
7,765 |
16,064 |
|
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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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