Former Carwash Redevelopment Site E. Olive Road

Vacant Land for Sale
Catylist Listing ID: 30860708
Property Subtypes: Office, Retail, Other
Gross Land Area: 1.13 Acres
Sale Price: $181,000
Unit Price: $160,176 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2023

Overview / Comments

"AS IS" Former car wash that is a prime redevelopment site on the north side of East Olive Road just east of Davis Highway. No value given to the structure, equipment, or business. Potential uses include car lot/detailing center, contractor office/lot, restaurant, retail, office, light industrial and more. This location has convenient access to interstate 10 and other major roadways.
Olive Road construction was completed including widening, sidewalks, and other improvements.
18,200 AADT (annual average daily traffic) Year 2022. Feel free to drive by property.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County Florida
Tax ID/APN: 181S301304002001
Zoning: COM
Property Located Between: Davis Hwy and Binkley Street
Property Visibility: Excellent
Legal Description: Escambia County Property Appraiser 181S301304002001 - Full Legal Description BEG AT SE COR OF LT 1 N 35 FT MORE OR LESS TO N R/W LI OF OLIVE RD S 88 DEG 38 MIN W ALG N R/W LI 740 FT FOR POB CONT SAME COURSE 95 FT DEFLECT 91 DEG 22 MIN TO RT 487 FT DEFLECT 88 DEG 38 MIN TO RT 95 FT DEFLECT 91 DEG 22 MIN RT 487 FT TO POB OR 8972 P 1990
Largest Nearby Street: Davis Hwy.
Feet of Frontage: 95
Traffic/Vehicle Count: 18,200
Highway Access: I-10, I-110
Airports: Pensacola International Airport,
Site Description: + - 1.13 Acre level lot on busy road
Area Description: Demographics within the area include Total Population of 41,320 and Average Household Income of $56,613. West Florida Hospital, Ferry Pass Plaza, University Town Plaza, University Town Center, I-10/I-110, Ellyson Industrial Park and The University of West Florida are all nearby. Olive Rd AADT 18,200 and Davis Hwy AADT 67,500. I-10 and I-110 are less than one mile. Located near the Davis Hwy Escambia County Area Transit Bus Route.
Lot Frontage: 95
Lot Depth: 487
Zoning Description: Sec. 3-2.10 - Commercial district (Com).
Available Utilities: Electric, Water, Gas, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,332 63,820 135,166
Median Age: 38.23 36.01 38.33
Households: 3,298 25,966 53,827


Photograph of Listing Agent

Joseph J. Leccese

Coldwell Banker Commercial Realty Gulf Coast CMLS Member
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