Multi Family-Navy Blvd

Vacant Land for Sale
Catylist Listing ID: 30614685
Property Subtypes: Multi-Family, Retail
Gross Land Area: 3.90 Acres
Sale Price: $874,900
Unit Price: $224,333 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2020

Overview / Comments

Location, location, location! Just outside of the main gate to the Pensacola Naval Air Station, this 3.9+/- acre site lends itself to multiple possibilities. The Navy Blvd. frontage has a commercial zoning, perfect for a retail development, while the remaining acreage has a split zoning of High Density Residential and Medium Density Residential, allowing up to 25 units per acre. The Seller has already performed a Geotechnical Evaluation, boundary survey, tree survey, topo, and a preliminary site plan with 42 units.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia
Tax ID/APN: 512S307062014028
Property Located Between: Palmetto Ave and Winthrop Ave
Property Visibility: Good
Legal Description: S1/2 OF LT 22 AND LTS 23 24 BLK 28 2ND ADDN TO NEW WARRINGTON PB 1 P 35 OR 7916 P 359 LESS STATE FDOT R/W OR 7195 P 11 CA 215 LTS 14 15 16 BLK 28 2ND ADDN TO NEW WARRINGTON PB 1 P 35 OR 7916 P 359 BEG AT NE COR OF LT 20 BLK 28 2ND ADDN NEW WARRINGTON PB 1 P 35 S 83 DEG 28 MIN 28 SEC E ALG S R/W LI OF WINTHROP AVE (70 FT R/W JACKSON AVE) 431 56/100 FT TO WLY R/W LI OF SECOND ST (50 FT R/W) S 03 DEG 31 MIN 52 SEC E ALG WLY R/W LI 200 FT N 83 DEG 28 MIN 38 SEC W 253 90/100 FT S 08 DEG 20 MIN 19 SEC W 200 36/100 FT S 89 DEG 56 MIN 02 SEC W 8 29/100 FT S 02 DEG 40 MIN 37 SEC E 31 35/100 FT TO NLY R/W LI OF PALMETTO AVE (50 FT RW) S 87 DEG 19 MIN 23 SEC W ALG NLY R/W LI 125 FT N 02 DEG 40 MIN 37 SEC W 36 35/100 FT S 89 DEG 56 MIN 02 SEC W 30 83/100 FT N 09 26 MIN 02 SEC E 196 35/100 FT N 83 DEG 28 MIN 28 SEC W 14 02/100 FT N 03 DEG 31 MIN 52 SEC W 224 09/100 FT TO POB OR 5241 P 1099 CA 215
Largest Nearby Street: Navy Blvd
Feet of Frontage: 125
Traffic/Vehicle Count: 22,500
Highway Access: Navy Blvd
Airports: Pensacola
Topography: Gently Sloping
Easements: Utilities
Soil Type: Sandy
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: 7,787 46,890 110,934
Median Age: 39.16 35.18 36.5
Households: 3,427 17,112 42,068
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