Catylist ID:
#30721437
945 Michigan Avenue Corner Parcel
Vacant Land
for Sale
Sale Pending
| Catylist Listing ID: | 30721437 |
| Property Subtypes: | Office, Retail, Self Storage |
| Status: | Pending |
| Gross Land Area: | 2.19 Acres |
| Sale Price: | $250,000 |
| Unit Price: | $114,155 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/17/2022 |
Overview / Comments
|
Property Description: Vacant Land adjacent to Heritage Oaks Office Park. Hard Corner fronting West Michigan Ave at Marseille Drive offers approx. 300 Feet of Marseille Drive & Michigan Ave. street frontage. Michigan Ave in west Pensacola links Mobile Highway with Interstate 110. The surrounding area supports Retail and office users. Property Highlights: Approx. 2.19 Acres Zoned HDMU Escambia County Commercial Feet Frontage : 300’+/- Traffic Count: 36,000 cpd |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | Escambia County |
| Tax ID/APN: | 521S301001000001 |
| Zoning: | HDMU ESCAMBIA |
| Property Located Between: | Marseille Drive & Michigan Ave. |
| Property Visibility: | Excellent |
| Legal Description: | BEG SE COR OF SEC N 87 DEG 05 MIN 55 SEC W ALG S LI OF SEC 298.10 FT TO POB N 87 DEG 05 MIN 55 SEC W ALG SI LI OF SEC 331.30 FT TO A POINT ON THE ELY CURVED R/W OF MARSEILLE DR (60 R/W) SAID CURVE HAVING A RADIUS OF 225 FT BEING CONCAVE WLY NLY ALG THE ARC OF SAID CURVE HAVING A RADIUS OF 225 FT AN ARC DIST OF 75.84 FT (DELTA=17 DEG 02 MIN 25 SEC, CHORD BEARING= N 07 DEG 36 MIN 30 W CHORD DIST 75.56 FT) TO THE POINT OF TANGENCY N 16 DEG 07 MIN 42 SEC W ALG THE ELY R/W LI OF MARSEILLE DR 186.85 FT TO INTER OF SLY R/W LI OF STATE RD 296 MICHIGAN AVE (100 R/W) N 74 DEG 10 MIN 44 SEC E ALG MICHIGAN AVE 306.56 FT S 15 DEG 25 MIN 10 SEC E 367.98 FT TO THE POB OR 7521 P 1605 |
| Largest Nearby Street: | Michigan |
| Feet of Frontage: | 300 |
| Traffic/Vehicle Count: | 36,000 |
| Highway Access: | Access off of Marseille Drive. |
| Site Description: | Vacant land with portion of existing surface cover. |
| 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: | 300+/-' |
| Lot Depth: | Irregular |
| Zoning Description: | Zoned: HDMU High Density Mixed-use Sec. 3-2.9 |
| Topography: | Gently Sloping |
| Available Utilities: | Electric, Water, Sewer |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,597 | 77,222 | 168,380 |
| Median Age: | 34.9 | 36.63 | 37.38 |
| Households: | 4,003 | 28,878 | 67,292 |
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