1699 N Hwy 29
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: |
28222561 |
| Property Subtypes: |
Multi-Family, Residential (Single Family), Retail, Other
|
| Status: |
Pending |
| Gross Land Area: |
99.45 Acres
|
| Sale Price: |
$4,000,000 |
| Unit Price: |
$40,221 Per Acre |
| Sale Terms: |
Cash to Seller, Other |
| Last Updated: |
11/29/2023 |
Overview / Comments
The subject property is a 99.45-acre vacant land tract that is well placed
on HWY 29 N. with over 1,707 feet of frontage, providing superior access and visibility. Perfect for multi-family / mixed-use development. The property is zoned LDMU on front 58.95 AC and MDR on rear 40.50 AC.
LDMU Zoning allows for 7 units per acre
MDR Zoning allows for 10 units per acre
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
County MSTU |
| Tax ID/APN: |
031N312101000000, 041N311101000000 |
| Zoning: |
LDMU & MDR |
| Property Visibility: |
Excellent |
| Legal Description: |
In file |
| Largest Nearby Street: |
HWY 29 |
| Feet of Frontage: |
1,707 |
| Airports: |
Pensacola International Airport |
| Site Description: |
Property has easy access to I-65 to Montgomery, Birmingham, and I-85 to Atlanta. |
| Area Description: |
The property is located in the fastest-growing area of Pensacola. Nine Mile Road is a major east/west artery in North Pensacola. Escambia County anticipated the booming growth in the area by implementing the now completed $46 million dollar road project that widened Nine Mile Rd to 4 lanes from Beulah Rd to U.S. 29 and addressed drainage and school infrastructure throughout the area. |
| Lot Frontage: |
1707.159 |
| Lot Depth: |
3809 |
| Zoning Description: |
LDMU Zoning - Low Density Mixed-Use District. MDR Zoning - Medium Density Residential District
Low Density Mixed-use district (LDMU).
(a) Purpose. The Low Density Mixed-use (LDMU) district establishes appropriate areas and land use regulations for a complementary mix of low density residential uses and compatible non-residential uses within mostly suburban areas. The primary intent of the district is to provide for a mix of neighborhood-scale retail sales, services and professional offices with greater dwelling unit density and diversity than the Low Density Residential district. Additionally, the LDMU district is intended to rely on a pattern of well-connected streets and provide for the separation of suburban uses from more dense and intense urban uses. Residential uses within the district include most forms of single-family, two-family and multi-family dwellings.
Medium Density Residential district (MDR).
(a) Purpose. The Medium Density Residential (MDR) district establishes appropriate areas and land use regulations for residential uses at medium densities within suburban or urban areas. The primary intent of the district is to provide for residential neighborhood development in an efficient urban pattern of well-connected streets and at greater dwelling unit density than the Low Density Residential district. Residential uses within the MDR district are limited to single-family and two-family dwellings. The district allows non-residential uses that are compatible with suburban and urban residential neighborhoods. |
| Topography: |
Level |
| Soil Type: |
Mixed |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
27,878 |
68,327 |
| Median Age: |
39.9 |
38.31 |
| Households: |
10,520 |
26,643 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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