945 Michigan Avenue Corner Parcel

Vacant Land for Sale
Catylist Listing ID: 30721437
Property Subtypes: Office, Retail, Self Storage
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: 10/13/2021

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

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

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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

Contact

Photograph of Listing Agent

Phil Sherrill

Beau Box Florida LLC Gulf Coast CMLS Member
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