1111 E Nine Mile Rd

Vacant Land for Sale
Catylist Listing ID: 30598285
Property Subtypes: Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
Gross Land Area: 2.13 Acres
Sale Price: $1,500,000
Unit Price: $704,225 Per Acre
Sale Terms: Undisclosed, Other
Cap Rate: Undisclosed
Last Updated: 8/31/2020

Overview / Comments

Among one of the last nice commercial sites on East Nine Mile Road. Property contains approximately 2.13 acres. There is a single family dwelling located on site that is given no value. Property located on the corner of Chisholm and Nine Mile Road, a high traffic area with primarily commercial utilization. Parcel is located just west of the University of West Florida and surrounded by heavily populated residential areas, retail and office complexes, medical facilities, and recreational parks. Nine Mile Road (Highway 90) is a main east/west connector highway.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 131S302105000004
Zoning: COM
Property Visibility: Excellent
Legal Description: BEG AT NW COR OF SEC S 89 DEG 23 MIN 0 SEC E ALG N LI OF SD SEC 1314 39/100 FT TO NW COR OF GOVT LT 3 S 1 DEG 45 MIN W ALG W LI OF SD LT 52 35/100 FT TO S R/W LI OF NINE MILE RD S 89 DEG 8 MIN E 33 FT TO INTER OF S R/W LI OF NINE MILE RD & E R/W LI OF CHISHOLM RD S 1 DEG 41 MIN 46 SEC W ALG SD R/W LI 291 97/100 FT S 87 DEG 51 MIN 36 SEC E 308 89/100 FT N 2 DEG 0 MIN 58 SEC E 298 66/100 FT N 89 DEG 8 MIN 310 59/100 FT TO POB OR 2074 P 771
Largest Nearby Street: E Nine Mile Rd
Feet of Frontage: 310
Traffic/Vehicle Count: 41,500
Lot Frontage: 310'
Lot Depth: 309'
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,839 48,330 118,823
Median Age: 36.66 36.17 38.68
Households: 5,167 20,054 47,907
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