Michigan Mid -Block Parcel

Vacant Land for Sale
Catylist Listing ID: 30721448
Property Subtypes: Office, Retail
Gross Land Area: 0.19 Acres
Sale Price: $25,000
Unit Price: $131,578 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/18/2024

Overview / Comments

High-traffic commercial corridor of West Michigan Avenue. Offers 1/5 acre vacant mixed use opportunity. Parcel located within 1 mile of recently opened Baptist Hospital campus. Michigan avenue links I 1-10 and Palafox to major Mobile Highway.

- Zoned Commercial
- Traffic count of 36,000 +/-
- 65' Michigan Ave Frontage
- Approx. 127' Depth

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 461S301100004002
Zoning: HDMU COUNTY HIGH DENSITY MIXED-USE SEC. 3-2.9
Property Located Between: Bristol Ave. and Clifton Ave.
Property Visibility: Good
Legal Description: Legal Description LT 4 BLK 2 WILDEWOOD PB 4 P 47/47A OR 6063 P 1490 SEC 46/10 T 1/2S R 30
Largest Nearby Street: Michigan Ave
Feet of Frontage: 65
Traffic/Vehicle Count: 36,000
Highway Access: Right in Right out at Highway Frontage
Site Description: Vacant Parcel
Area Description: Parcel located within 2 miles of recently announced Baptist Hospital campus. Michigan avenue links I 1-10 and Palafox to major Mobile Highway.
Lot Frontage: approx. 65'
Lot Depth: 127'
Zoning Description: Commercial - High Density Mixed-use Sec. 3-2.9
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,597 77,054 169,614
Median Age: 34.9 36.59 37.43
Households: 4,003 28,744 67,836

Contact

Photograph of Listing Agent

Phil Sherrill

Beau Box Florida LLC Gulf Coast CMLS Member
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