2.04 AC Commercial Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30541826
Property Subtypes: Office, Retail, Other
Gross Land Area: 2.04 Acres
Sale Price: $549,000
Unit Price: $269,117 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2024

Overview / Comments

High profile commercial land parcel on main thoroughfare, busy commuter/trade corridor of Hwy 98. The parcel enjoys the favorable HCD zoning on the front 2 parcels. Maximum visibility with 500 feet of frontage on Hwy 98 with over 36,000 cars per day.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 24-2S-28-1150-00100-0020
Zoning: HCD & PBD
Property Located Between: Pensacola State College and Gulf Breeze Zoo
Property Visibility: Excellent
Legal Description: In file.
Largest Nearby Street: Gulf Breeze Pkwy
Feet of Frontage: 500
Traffic/Vehicle Count: 36,000
Area Description: Located on heavy traffic corridor of Hwy 98/Gulf Breeze. HCD, vacant land adjacent to Pensacola State College with an enrollment of 9,643 students annually.
Lot Frontage: 500
Lot Depth: 140
Zoning Description: Front 2 lots are zoned HCD. 3rd lot is zoned PBD.
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,444 16,610 21,822
Median Age: 41.37 40.49 40.74
Households: 2,956 6,521 8,688


Photograph of Listing Agent

John Griffing, ALC, CRE, SIOR

NAI Pensacola Gulf Coast CMLS Member
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