Vacant Land ~ 2270 W Michigan Ave

Vacant Land for Sale
Catylist Listing ID: 30740660
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.77 Acres
Sale Price: $340,000
Unit Price: $192,090 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2021

Overview / Comments

Well-traveled prime commercial location on Michigan Avenue between Mobile Hwy and I 110 Brent Exit 5. (future location of Baptist Hospital) Currently, plumbing is stubbed out on the property (laterals) by owners to build an Apartment Complex or Assisted Living Facility.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia
Tax ID/APN: 431S301103000000
Zoning: COMMERCIAL
Property Located Between: South Gulf Manor & Vannoy Tires
Property Visibility: Excellent
Legal Description: BEG AT SW COR LT 1 BLK B SOUTH GULF MANOR UNIT 1 PB 10 P 4 S 69 DEG 11 MIN 24 SEC E & ALG S LI OF SD S/D 351 70/100 FT FOR POB CONT S 69 DEG 11 MIN 24 SEC E ALG SD S LI 384 26/100 FT TO SE COR OF SD S/D S 1 DEG 31 MIN 34 SEC W 350 81/100 FT TO NLY R/W LI OF MICHIGAN AVE (ST RD S-296 100 FT R/W) N 69 DEG 11 MIN 24 SEC W ALG SD NLY R/W LI 506 99/100 FT N 20 DEG 48 MIN 36 SEC E 165 56/100 FT S 69 DEG 11 MIN 24 SEC E 6 88/100 FT N 20 DEG 48 MIN 36 SEC E 165 56/100 FT TO POB OR 7878 P 199 LESS OR 1977 P 136-BUILDERS OF HOMES LESS OR 5511 P 1946 TERHAAR & CRONLEY DEVELOPMENT CO
Largest Nearby Street: Michigan Ave
Feet of Frontage: 233
Highway Access: Michigan Avenue
Site Description: Wooded lot, plumbing laterals
Area Description: High traffic right in the middle between Mobile Hwy and Davis Hwy, a 5-mile stretch. Several apartment complexes already existing. Significant Business such as Baptist Hospital has a future home at Davis Hwy and I-110 Exit 5. Vannoy's Tires, Westgate Village, Post Office, MFM Performance Tires are within walking distance. Major Businesses such as Pensacola Christian College, Home Depot, Multiple Pet Venues, Doctor's offices, multiple Churches all within the 5 miles on the same street.
Lot Frontage: 233
Lot Depth: 331
Zoning Description: Commercial
Topography: Level
Available Utilities: Electric, Water
Water Service: None
Sewer Type: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,717 72,699 164,541
Median Age: 37.19 36.49 37.17
Households: 3,421 26,764 65,379

Contact

Photograph of Listing Agent

Marina Darlene Langley

CENTURY 21 AmeriSouth Realty Pensacola Gulf Coast CMLS Member
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