$615K Reduction - Rare 7.5 Acre Developer Opportunity

Vacant Land for Sale
Catylist Listing ID: 30179638
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 7.50 Acres
Sale Price: $1,885,000
Unit Price: $251,333 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/30/2018

Overview / Comments

This site offers a large monument sign, level graded (no clearing) ready for development, no wetlands, retail corner (outparcel) parcel that can be developed or resold, its own lighted intersection with deceleration lanes, two separate ingress/egress points and grandfathered detention & parking requirements. Former 49,000 SF Delchamps Shopping Center with 345 parking spaces. This 7.5 Acre cleared and leveled site is located at the lighted intersection of Hwy 98/Gulf Breeze Pkwy and Whisper Cove Blvd., adjacent to the Breeze Movie Theater and The 1st Bank. Approximately 325 feet of frontage on Highway 98/Gulf Breeze Parkway. Ingress/Egress from Hwy 98 & Whisper Cove as well as Crane Cove Blvd. In addition to the lighted intersection, there is a deceleration lane along with a median cut. These access points offer easier traffic flow for customers and the like. All public utilities are available on site. This 7.5 acre site is comprised of two parcels, the larger main parcel is 6.95 acres and the out parcel is .60 acres. The Annual Average Daily Traffic count is 41,000 cars. Large monumental signage.

This property has a fantastic location in the Tiger Point area of Gulf Breeze. There are numerous high-income subdivisions in the area with plenty of retail, office and commercial development along Highway 98/Gulf Breeze Parkway. There are several other businesses within the immediate area including Publix, Wal-Mart, Lowe's, Walgreen's, Wells Fargo, Ruby Tuesday, KFC, Zaxby's, Firehouse, Verizon Wireless, Game Stop, Shane's Rib Shack, Anytime Fitness, Tuffy's Tires, Vannoy's Tires, and Tiger Point Country Club.
This property is located at the lighted intersection of Gulf Breeze Pkwy and Whisper Cove Blvd., adjacent to The Breeze Cinema and The 1st Bank. This property is west of Highway 281, which via the Garcon Point bridge connects to Interstate 10.

- Hard Lighted Corner at Prime Intersection
- Multi-Family, Assisted Living Facility, Retail & Commercial Development Opportunity
- Monument Sign, Level Graded, No Wetlands, Grandfathered Detention, Outparcel
- Cleared and ready for development

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 362S290000001150000 & 362S290000001160000
Property Located Between: Gulf Breeze & Holley Navarre
Property Visibility: Excellent
Largest Nearby Street: Hwy 98
Feet of Frontage: 325
Traffic/Vehicle Count: 41,000
Topography: Level
Easements: Ingress/Egress
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Other
Water Service: Municipal
Sewer Type: Municipal, Storm

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,794 13,803 26,973
Median Age: 42.82 42.83 44.14
Households: 3,104 5,561 11,616
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