Commercial Lot Hwy 87
Vacant Land
for Sale
| Catylist Listing ID: |
30871311 |
| Property Subtypes: |
Office, Retail, Other
|
| Gross Land Area: |
0.49 Acres
|
| Sale Price: |
$200,000 |
| Unit Price: |
$408,163 Per Acre |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/16/2024 |
Overview / Comments
Located at the junction of Highway 87 and Five Forks Road, this vacant corner parcel offers a prime opportunity for commercial development. With high visibility and easy access to four lanes of busy traffic, this property is ideal for retail, dining, or service-oriented ventures.
Situated on the southeast corner, the parcel benefits from maximum exposure to passing traffic. Zoned HCD (Highway Commercial District), it offers flexibility for various business endeavors. The high and dry terrain (Zone X), surrounded by wooded areas, provides a solid foundation and natural beauty.
Electric utilities are nearby, simplifying the development process. Santa Rosa County will assign an official address as part of the building permitting process, ensuring recognition in the community.
Don't miss out on this opportunity to establish a prominent presence in the thriving business community of Santa Rosa County. Schedule a viewing today and explore the possibilities at this exceptional location.
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Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Santa Rosa |
| Taxing Authority: |
Holley/Navarre |
| Tax ID/APN: |
05-2S-26-0000-00188-0000 |
| Zoning: |
HCD |
| Property Located Between: |
corner of Highway 87 and Five Forks Rd. |
| Property Visibility: |
Excellent |
| Legal Description: |
COM AT NEC SEC CORN THNS0*57'16"W ON E SEC LN 2638.66FT THN S1* 01'45"W 1322.86 FTTHN ON CURV (R=1479.50 FTCB=N34*36'01"W) GO 304.57 FTTHN S49*30'18"W 17 FT TO CURV(R=1462.05 FT CB =N62*47'48"W)GO ON CURV 1138. 52 FT THNN85*05'54"W 1324.96 FT THNN0*21'57"E 67.45 FT TO N R/WOF HWY 87 FOR POB THN CONT193.37 FT THN S85*05'54"E120.63 FT THN S4*54'06"W 192.79 FT TO N R/W THN N85*05'54"WON HWY 105.34 FT TO POB AS DESIN OR 4363 PG 1797 LESS ALLMINERAL RIGHTS |
| Largest Nearby Street: |
Five Forks Rd. |
| Feet of Frontage: |
105 |
| Lot Frontage: |
105ft |
| Lot Depth: |
192 |
| Topography: |
Gently Sloping |
| Soil Type: |
Sandy |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
25,405 |
28,713 |
| Median Age: |
35.7 |
36.15 |
| Households: |
9,389 |
10,724 |
|
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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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