Premier Commercial Development Site - 14.35+/- Acres
Vacant Land
for Sale
| Catylist Listing ID: |
30817932 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
|
| Gross Land Area: |
14.35 Acres
|
| Sale Price: |
$5,750,000 |
| Unit Price: |
$400,696 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/24/2024 |
Overview / Comments
Rare Opportunity to purchase 14.35+/- acres, one of the last large acreage Commercial / R3 - Medium High Density Zoned properties along US 90 in Pace, Florida. This property offers the depth and road frontage for a multitude of development opportunities in the Heart of Pace.
The site contains an approximately 14.35 acres with approximately 550 feet of frontage along US Highway 90 with 31,500 AADT and 1,220 feet of frontage along Boone Road. The property offers 2.53+/- acres zoned HCD: Highway Commercial Development with 11.7+/- acres zoned R3 - Medium High Density (18 Units Acre) Santa Rosa County's population has grown by over 24% in the last decade making it the fastest growing county in the Florida Panhandle.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Santa Rosa |
| Taxing Authority: |
Santa Rosa County |
| Tax ID/APN: |
11-1N-29-0000-01800-0000;11-1N-29-0000-01400-0000;11-1N-29-0000-01001-0000;11-1N-29-0000-00900-0000;11-1N-29-0000-01000-0000;11-1N-29-0000-01100-0000 |
| Zoning: |
HCD : HIGHWAY COMMERCIAL DEVELOPMENT; R3 : MEDIUM HIGH DENSITY RESIDENTIAL |
| Property Located Between: |
Boone Road & Jerry Drive |
| Property Visibility: |
Excellent |
| Legal Description: |
See County Parcels:11-1N-29-0000-01800-0000;11-1N-29-0000-01400-0000;11-1N-29-0000-01001-0000;11-1N-29-0000-00900-0000;11-1N-29-0000-01000-0000;11-1N-29-0000-01100-0000 |
| Largest Nearby Street: |
US 90 |
| Feet of Frontage: |
1,220 |
| Traffic/Vehicle Count: |
33,000 |
| Highway Access: |
Access provided currently by US 90 from Boone Road and Jerry Drive |
| Airports: |
Pensacola International Airport |
| Site Description: |
Property is primarily level and primarily considered uplands |
| Area Description: |
Santa Rosa County is the fastest growing county within Florida Panhandle showing 24% growth over the last decade. |
| Lot Frontage: |
550'+/- |
| Lot Depth: |
1,220'+/- |
| Zoning Description: |
HCD: Highway Commercial Development
R3 :Medium High Density |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,738 |
27,646 |
51,266 |
| Median Age: |
37.85 |
38.08 |
38.74 |
| Households: |
663 |
10,400 |
19,716 |
|
© 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.
|
