5.3+/- Acres Commercial HWY 90

Vacant Land for Sale
Catylist Listing ID: 30661249
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 5.30 Acres
Sale Price: $2,300,000
Unit Price: $433,962 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/26/2023

Overview / Comments

Rare opportunity. Larger 5.3+/- acres vacant parcel of land for sale on HWY 90. 280ft of Hwy 90 road foot frontage. Great development site for Automobiles and other vehicular service establishments, motels and hotels, business and professional offices, general retail and eating and drinking establishments. This is one of the last vacant parcels available in the rapidly expanding Pace, FL community.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa
Tax ID/APN: 16-1N-29-2110-00000-0504
Zoning: HCD
Property Located Between: Chumuckla Hwy and Woodbine Rd.
Property Visibility: Excellent
Legal Description: KIMSHO HGTS PORT OF LOT 50 ASDES IN OR 1060 PG 136
Largest Nearby Street: Chumuckla Hwy
Feet of Frontage: 280
Traffic/Vehicle Count: 36,000
Highway Access: Property Fronts Hwy 90
Airports: Pensacola Airport-10.6 miles
Site Description: Perfect property for development. Property is high and dry at the road frontage and the shape of the property will allow maximum road frontage development and visibility. Storm pond can be located in rear of property far off the development area.
Area Description: Rapidly growing and one of the greatest places to work and live. Robust housing and job growth in the area makes for the perfect location to develop a site like this.
Lot Frontage: 280
Lot Depth: 750
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,793 21,530 46,716
Median Age: 38.96 38.86 38.43
Households: 1,083 8,070 17,428


Photograph of Listing Agent

Stephen Campbell

Salter Commercial LLC Gulf Coast CMLS Member
Photograph of Listing Agent

Paul Salter, CCIM

Salter Commercial LLC Gulf Coast CMLS Member
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