47+- Acre Parcel - Multi-Family Zoning
Vacant Land
for Sale
| Catylist Listing ID: |
30373297 |
| Property Subtypes: |
Multi-Family, Residential (Single Family), Other
|
| Gross Land Area: |
47 - 48 Acres
|
| Sale Price: |
$499,000 |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/30/2019 |
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.
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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 |
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 |
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