1.07 Acre Development Opportunity on East Nine Mile Road

Vacant Land for Sale
Catylist Listing ID: 30783326
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 1.07 Acres
Sale Price: $649,000
Unit Price: $606,542 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/14/2022

Overview / Comments

Rare opportunity to be located in the heart of the busy Nine Mile Road retail corridor. This 1.07 acre lot is located across the street from the Pen Air Federal Credit Union headquarters, which is currently expanding their footprint with new construction.

This property is in close proximity to numerous national retailers including Walmart, Target, Publix, and Kohls. The University of West Florida, with nearly 10,000 students in attendance is also located nearby. This property neighbors the Scenic Hills Country Club and Golf Course.

This area is booming with growth, with many new retailers having moved in within the past 2 years. This includes Krispy Kreme Doughnuts, Crumbl Cookies, Foosacklys, First Watch, Chipotle, AT&T, Jersey Mikes, SportsClips, Aspen Dental, Burger King, and more. They join well-established retailers such as Chick-fil-A, Panda Express, Dodge’s, Sonic, Starbucks, Village Inn, and more.

Come be a part of the expansive retail growth on Nine Mile Road. Contact us today for more information.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 061S304001003001

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,439 48,129 116,646
Median Age: 37.23 36.05 38.69
Households: 3,428 20,174 47,064


Photograph of Listing Agent

Chris Bouchard

SNS Realty, Inc. Gulf Coast CMLS Member
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