CALL FOR OFFERS
Vacant Land
for Sale
Call for Offers
Also listed as Multi-Family
| Catylist Listing ID: |
30868512 |
| Property Subtypes: |
Multi-Family, Other
|
| Gross Land Area: |
10.59 Acres
|
| Sale Price: |
$1 |
| Unit Price: |
$0.09 Per Acre |
| Sale Terms: |
Other |
| Call for Offers: |
Yes |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/26/2024 |
Overview / Comments
NAI Pensacola is pleased to present a Call for Offers opportunity at 8221 Pittman Avenue in Pensacola, FL. This development site is for an approved two-phase project, featuring the renovation of a 20,400 SF 10-unit building and the construction of 12 multi-family buildings offering approximately 156 dwelling units. The development order also includes infrastructure, landscaping, and ample parking with 254 spaces.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
Escambia County |
| Tax ID/APN: |
221S301101001001 |
| Zoning: |
HCLI |
| Property Located Between: |
Pensacola Boulevard and Old Palafox |
| Property Visibility: |
Good |
| Legal Description: |
in file |
| Largest Nearby Street: |
Pensacola Boulevard |
| Traffic/Vehicle Count: |
44,500 |
| Highway Access: |
Immediate |
| Airports: |
Pensacola International Airport |
| Site Description: |
10.59 AC tract with three ingresss / egress points |
| Area Description: |
Strategically positioned along a primary travel corridor, with convenient access to bus lines and the interstate, this location offers ideal transportation options for residents.
Perfect for a multifamily development in a rapidly growing area with a suburban ambiance.
Residents benefit from proximity to retailers, grocery stores, financial institutions, medical facilities, and top-rated hospitals.
Ensley boasts numerous parks and exceptional school systems, making it a highly desirable place for families.
|
| Lot Frontage: |
675 |
| Lot Depth: |
727 |
| Zoning Description: |
HCLI |
| Development Name: |
Woodland Place Apartments |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Sewer, Storm Drain |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,109 |
57,089 |
138,165 |
| Median Age: |
39.63 |
37.55 |
37.93 |
| Households: |
2,812 |
22,202 |
54,211 |
|
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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.
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