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.
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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 |
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 |
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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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