6.9 acres - HCD - Approved for Multi-Family
Vacant Land
for Sale
| Catylist Listing ID: |
30729211 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Retail, Self Storage
|
| Gross Land Area: |
6.90 Acres
|
| Sale Price: |
$690,000 |
| Unit Price: |
$100,000 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/31/2024 |
Overview / Comments
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Located less than a half mile south of I10, this 6.9 acre parcel has been rezoned to HCD, with conditional use approval for multi-family. One concept layout has 32 townhouses, while the size of the parcel and zoning will allow up to 69 +/- apartment units. The zoning allows for a multitude of other commercial uses. Note that the property also connects to Carl Booker Rd in the rear. This area of the County is rapidly gaining new development. A new "resort style" RV Park covering 65 acres is being completed at the southwest corner of Interstate exchange, while a new Truck stop is being constructed at the northeast corner. Also close by: NAS Whiting Field, Santa Rosa NOLF Airport, NW FLA Industrial Park @ I-10, Santa Rosa Industrial Park, city of Milton and town of Navarre. Site is high and dry, no wetlands. Documents attached are: Survey, Zoning approval, HCD permitted uses & townhouse concept.
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Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Santa Rosa |
| Tax ID/APN: |
09-1N-27-0000-00400-0000 |
| Zoning: |
HCD |
| Property Visibility: |
Excellent |
| Highway Access: |
Hwy 87 |
| Airports: |
Pensacola International Airport |
| Zoning Description: |
This district is designed to provide for a wide range of uses in appropriate and easily accessible locations adjacent to major transportation corridors and having access to a wide market area. This district is intended to be situated along selected segments of major thoroughfares in the vicinity of major intersections. |
| Topography: |
Level |
| Easements: |
Electric Lines |
| Easements Description: |
Gulf Power easement is roughly 1.9 acres, at the rear of the property. |
| Available Utilities: |
Electric |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
9,537 |
16,221 |
| Median Age: |
38.72 |
37.67 |
| Households: |
2,458 |
5,104 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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