47+- Acre Parcel - Multi-Family Zoning

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30373297
Property Subtypes: Multi-Family, Residential (Single Family), Other
Status: Pending
Gross Land Area: 47 - 48 Acres
Sale Price: $499,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/9/2019

Overview / Comments

Located on Detroit Blvd. close to Pine Forest Road, this 47 acre parcel is zoned MDR for mutli-family or single family development. There are two older 1950's homes on the property. Appraiser gives no value, but for a homestead estate, these two homes could easily be renovated for use by family with a guest house. A 2017 wetlands reports indicates approximately 23 acres of wetlands along the eastern boundary of the property with the majority of uplands to the west and southern portion of the property. According to the owner, the wetlands are walkable and not wet.

In addition to Detroit Blvd., the property can be accessed via Redwing Dr. and Bush and Quail Streets.

This is a beautiful tract of land with excellent access to I-10, NFCU Campus and all of NW Pensacola.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 121S311100000007
Zoning: MDR
Property Located Between: Pine Forest Road and Hwy. 29
Legal Description: Lengthy metes and bounds in file.
Largest Nearby Street: Pine Forest Road
Feet of Frontage: 700
Traffic/Vehicle Count: 7,100
Highway Access: SR 297 - Pine Forest Road
Airports: Pensacola International Airport
Site Description: Level, open and wooded.
Area Description: Rapidly growing area of residential subdivisions near the NFCU Campus, shopping, restaurants and I-10 interchange.
Lot Frontage: 700
Lot Depth: 2400' on east side
Zoning Description: MDR: Mixed Density Residential. Click the Documents tab for full MDR zoning information.
Topography: Level
Easements: Utilities, Other
Easements Description: Natural gas line easement across a small SW portion of the property.
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,969 46,130 105,199
Median Age: 41.48 40.66 38.13
Households: 1,705 18,390 40,241


Photograph of Listing Agent

Gina Boyleston

Boyleston Realty, LLC Gulf Coast CMLS Member
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