1699 N Hwy 29
Vacant Land
for Sale
| Catylist Listing ID: |
28222561 |
| Property Subtypes: |
Residential (Single Family), Retail, Other
|
| Gross Land Area: |
1,041 Acres
|
| Sale Price: |
$3,740,000 |
| Unit Price: |
$3,592 Per Acre |
| Sale Terms: |
Cash to Seller, Other |
| Last Updated: |
5/28/2021 |
Overview / Comments
The subject property is a 104.1 acre vacant land tract that is well placed
on HWY 29 N. with over 1,707 feet of frontage, provides superior access and visibility.
Perfect for multi family / mixed use development. Property is zoned LDMU on front 63.4 AC and MDU on rear 40 AC.
|
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 the major east/west artery in North Pensacola. Escambia County anticipated the booming growth in the area by implementing a road $46 million dollar project that is widening Nine Mile Rd to 4 lanes from Beulah Rd to U.S. 29 and addressing drainage and school infrastructure through out the area. The project is scheduled for completion by the end of summer 2021. |
| 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: |
31,050 |
68,327 |
| Median Age: |
40.17 |
38.31 |
| Households: |
11,724 |
26,643 |
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