Catylist ID:
#30723838
Nine Mile Road - Out-Parcels Available
Vacant Land
for Sale
| Catylist Listing ID: | 30723838 |
| Property Subtypes: | Hospitality, Office, Retail, Retail-Pad, Other |
| Gross Land Area: | 1.33 Acres |
| Sale Price: | $1,490,000 |
| Unit Price: | $1,120,300 Per Acre |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller, Build-to-Suit, Sale/Leaseback |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/19/2024 |
Overview / Comments
|
1.33 acre outparcel available for sale in the heart of Pensacola's top growth corridor on the corner of the entrance to Pathstone across from Quik Trip (Coming Soon). Pathstone is a 219.35 acre, master-planned, mixed-use development that includes a 336-unit, four story, premium rental community (now constructed and leasing), 209 single family lots, and 463 townhouse units now under construction. Directly across the street from Pathstone is the $2 billion corporate campus of Navy Federal Credit Union. The Navy Federal Credit Union is the largest credit union in the United States with over $125 billion in assets and 9+ million members. The state-of-the-art Pensacola campus is home to 8,500 employees, with that number planned to grow to 10,000 within the next few years. |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | Escambia County |
| Tax ID/APN: | 101S311401000002 |
| Zoning: | COM |
| Property Located Between: | I-10 and Myslak Way |
| Property Visibility: | Excellent |
| Legal Description: | Metes and Bounds - Lot 2 Pathstone |
| Largest Nearby Street: | Pine Forrest Rd |
| Feet of Frontage: | 168 |
| Traffic/Vehicle Count: | 26,500 |
| Highway Access: | I-10 |
| Site Description: | Located on high trafficked W. Nine Mile Rd and I-10 Interchange this lot is Ideal for hotel, QSR's, Convenience Store, Bank, Urgent Care and other Retail uses. Lot is Rectangular shaped with 168' of frontage on W. Nine Mile, retention in place and all utilities nearby. Service: Utilities - 16" Water at street; Sewer at street; 6" gas at street. Development will have AT&T and Cox Cable |
| Area Description: | NW Pensacola is on the precipice of exponential growth in large part due to investment made by Navy Federal Credit union and is Escambia Counties fastest growing residential area with over 6,000 single family lots planned and over 2,500 multi-family units approved or proposed within 1 mile of Lot 2. New hotels are slated for construction just East within .25 miles, Publix has entered the market within 2 miles West with McDonalds slated for construction as its outparcel and 2 lots are under contract next door at the 52 for restaurant and freestanding retail. More to come! |
| Lot Frontage: | 168' +/- |
| Lot Depth: | 349' +/- |
| Zoning Description: | COM |
| Development Name: | Pathstone |
| Topography: | Level |
| Easements: | Utilities |
| Available Utilities: | Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access |
| Water Service: | Municipal |
| Sewer Type: | Municipal, Storm |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 22,245 | 61,264 |
| Median Age: | 43.27 | 40.56 |
| Households: | 8,777 | 23,708 |
| © 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. |
