10000 Pensacola Blvd.

Vacant Land for Sale
Catylist Listing ID: 29845212
Property Subtypes: Industrial, Mobile Home Park, Retail, Other
Gross Land Area: 6.22 Acres
Sale Price: $1,949,000
Unit Price: $313,344 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/21/2022

Overview / Comments

Excellent Development Opportunity! Two prime commercial parcels combined to form a 6.22-acre tract. Great demographics. Strongly expanding retail corridor supported by mid to upper middle rooftops. Hard corner parcel. Combination of 10000 N. Palafox St. and 10001 N. Palafox St. Ingress/Egress on both Pensacola Blvd. and N. Palafox St. Traffic count of 37,513 (2020) Cars pass by the site daily. There is a 9,466 SF Heated and Cooled retail building on the 3.83 AC tract.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 081S303103000001
Zoning: COM
Property Visibility: Excellent
Legal Description: In file.
Largest Nearby Street: Nine Mile Road
Feet of Frontage: 261
Traffic/Vehicle Count: 37,513
Site Description: N. Palafox Street, just north of Videlia Street.
Area Description: Retail land tract in area of expansion on busy commercial corridor. The property is in close proximity to National Retailers, Restaurants, shops, and the residential trade support industry. Located in an area of established semi-rural subdivisions As the housing market continues to spread new developments are being built in the surrounding area. Area residents are traditional family-oriented consumers. The market has seen an influx of younger residents growing in size and assets, and seniors approaching retirement, with an above-average net worth
Lot Frontage: 261
Lot Depth: 617
Zoning Description: COM
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,733 47,581 99,182
Median Age: 34.74 39.83 37.66
Households: 1,825 18,865 38,624

Contact

Photograph of Listing Agent

John Griffing

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

Logan Devries, CPM

NAI Pensacola Gulf Coast CMLS Member
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