Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 28112321
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 3.05 Acres
Sale Price: $449,500
Unit Price: $147,377 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2019

Overview / Comments

Ready for development.

Ideally located in the heart of the Pace/Pea Ridge Hwy 90 retail corridor located in between Wal Mart and Lowes.

The HCD zoned parcel would be great for a medical/dental office, financial, neighborhood retail, spa, investment, income producing, garden, laundromat, dry cleaner, fast food, florist, food service, gas station, gym, industrial, parking, professional, restaurant, retirment home, shopping, showroom, church, child care, commercial, convenience store, theater, tire store, warehouse, wholesale, self storage.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa
Tax ID/APN: 131N290000010160000
Zoning: HCD
Market Type: Medium
Property Located Between: Pace and Bell Lanes in the heart of Pea Ridge retail
Road Type: Paved
Property Visibility: Excellent
Legal Description: Com Nw Cor Sec Th S 576.88 Ft To Pob Th Cont S 115 Ft Th 90* Left 494.62 Ft Th 89* Left 66.15 Ft Th 84* Left 496.82 Ft To Pob As Des In Or 2274 Pg 1502
Largest Nearby Street: Pace Lane
Feet of Frontage: 260
Highway Access: .1 miles off of Hwy 90
Airports: Pensacola Regional Airport
Site Description: Flat and level lot ready for development
Area Description: Located in the heart of Pace/Pea Ridge retail district just off of Hwy 90.
Lot Frontage: 260
Lot Depth: 618
Zoning Description: Investment, income producing, garden, laundromat, dry cleaner, fast food, florist, food service, gas station, gym, industrial, parking, professional, restaurant, retirment home, shopping, showroom, church, child care, commercial, convenience store, theater, tire store, warehouse, wholesale, self storage. Many other possibilities.
Topography: Level
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: 4,993 27,880 52,656
Median Age: 36.77 37.28 38.7
Households: 1,810 10,533 20,283

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