Hwy 29, Cantonment 2.4 Acres Commercial Land

Vacant Land for Sale
Catylist Listing ID: 30717129
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Other
Gross Land Area: 2.41 Acres
Sale Price: $439,000
Unit Price: $182,157 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/27/2021

Overview / Comments

Excellent opportunity to purchase +/- 2.41 acres of commercial retail land located in Escambia County. The property has high visibility and easy access along Hwy 29. The area is highly trafficked with approximately 30,500 AADT. The zoning is HC/LI (Heavy Commercial and Light Industrial) which allows for a wide variety of commercial and industrial uses. It would be an ideal location for a retail, restaurant or mixed-use development with it's close proximity to the University of West Florida, International Paper Co., NAS Milton and NAS Pensacola, Navy Federal Bank campus, and numerous other businesses.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 111N312309000000
Zoning: HC/LI
Property Visibility: Excellent
Traffic/Vehicle Count: 30,500
Highway Access: Hwy 29 & Highway 95A
Area Description: Escambia county is located in the Pensacola MSA. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income.
Zoning Description: HC/LI Heavy Commercial and Light Industrial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 989 12,564 31,276
Median Age: 33.99 39.11 40.5
Households: 374 4,546 11,563
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