9.69 Acres Avalon @ I-10

Vacant Land for Sale
Catylist Listing ID: 30812998
Property Subtypes: Hospitality, Office, Retail, Self Storage
Gross Land Area: 9.69 Acres
Sale Price: $180,000
Unit Price: $18,575 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/1/2024

Overview / Comments

For sale a total of 9 plus acres ...mostly wet. Research conducted says approximately 1.2 acres could be mitigated for a cost somewhere between $50,000-$100,000. Not sure 'exactly' where this 1.2 Acres will be within the 9 acres... photo is for general directions only.

This is a High-Profile location on the west bound off-ramp from I-10 to Avalon. $3.44 PSF.... Some site work expense is expected however we've discounted the price for that.

San Mateo is an un-paved county road at this time.... If someone came in creating jobs, speculation is the county could/would pave the street out to Avalon.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 40-1N-28-0090-33600-0010
Zoning: HCD- COMMERCIAL
Market Type: Small
Property Located Between: Just off Avalon
Side of Street: South
Road Type: Other
Property Visibility: Excellent
Legal Description: Lengthy In File
Largest Nearby Street: Avalon Blvd
Feet of Frontage: 172
Traffic/Vehicle Count: 30,500
Transportation: Highway
Highway Access: Faces Interstate 10
Airports: Pensacola International
Site Description: Level land running along Interstate 10 R/W fence (Facing the Off-Ramp)
Area Description: McDonalds, Race Trac, Red Roof Inn, Waffle House
Lot Frontage: 172
Lot Depth: 300
Zoning Description: HCD...Allows most commercial uses.
Development Name: Vacant Land
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,166 10,982
Median Age: 43.66 44.35
Households: 859 4,510

Contact

Photograph of Listing Agent

Gary Watson, CCIM

Watson Commercial Group, LLC Gulf Coast CMLS Member
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