Catylist ID:
#30241519
| Catylist Listing ID: | 30241519 |
| Property Subtypes: | Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Self Storage, Other |
| Gross Land Area: | 11.94 Acres |
| Sale Price: | $890,000 |
| Unit Price: | $74,539 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/16/2021 |
Overview / Comments
|
PERFECT OPPORTUNITY for Assisted Living, Self Storage, Multi-Family, and Retail Presenting the 8800 Blk of Jernigan Road comprised of four parcels with a total of 11.94 acres land to include a .59 acre man-made pond and two houses. Homes are given no immediate value but are occupied. This land is ideal for Multi-Family development, zoned HDMU which allows for many uses including retail development. 916 feet fronting Jernigan Road. Lacking the immediate frontage on Nine Mile Road, the property is priced for the right developer to make $$!! Property is located in between University Pkwy and Hwy 29 on Nine Mile Rd. Very close proximity to the University of West Florida, Baptist Medical Park, Interstate 10, Walmart shopping center, and countless other retail, medical, and shopping center uses. Property is surrounded by like uses and in an area that is heavy with Retail, medical and shopping centers. The property is located on a bus route. |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Taxing Authority: | Escambia County |
| Tax ID/APN: | 131S302104001003, 131S302104000003, 131S302104002003, 131S302104000000 |
| Zoning: | HDMU |
| Property Located Between: | Chisolm Rd. and Westside Dr. |
| Property Visibility: | Excellent |
| Legal Description: | 8825 Jernigan Road Pensacola FL. 32514 – 131S302104001003 - Full Legal Description BEG AT NE COR OF E 1/2 OF LT 3 S 1080 FT TO POB CONT S 240 FT W 660 FT N 240 FT E 660 FT TO POB OR 5895 P 1511 * 8829 Jernigan Road Pensacola FL. 32514 -131S302104000003 - Full Legal Description BEG AT NE COR OF E 1/2 OF LT 3 S 840 FT TO POB CONT S 240 FT W 660 FT N 240 FT E 660 TO POB OR 2173 P 202 LESS OR 4330 P 699 SEXTON * 8831 Jernigan Road Pensacola FL. 32514 - 131S302104002003 - Full Legal Description BEG AT INTER OF NE COR OF E 1/2 OF LT 3 & JERIGAN RD (66 FT R/W) S 01 DEG 06 MIN 24 SEC W ALG CENTER LI OF JERNIGAN RD 840 FT FOR POB CONT S 01 DEG 06 MIN 24 SEC W ALG CENTER LI OF JERNIGAN RD 200 FT N 88 DEG 53 MIN 6 SEC W 290 56/100 FT N 30 DEG 32 MIN 41 SEC E 239 52/100 FT S 85 DEG 21 MIN 44 SEC E 140 11/100 FT S 88 DEG 53 MIN 36 SEC E 33 FT TO POB LESS E 33 FT FOR RD OR 7070 P 387 OR 7070 P 389 * 8800 Blk Jernigan Road Pensacola FL. 32514 - 131S302104000000 - Full Legal Description BEG AT INTER OF N LI OF SEC & CENTER LI OF LT 3 S 840 FT E AT RT ANG 210 FT NLY AT RT ANG 840 FT TO N LI OF SEC WLY ON N LI OF SEC 210 FT TO POB AND BEG AT NE COR OF E1/2 OF LT 3 S 840 FT W 660 FT N 480 FT MORE OR LESS TO S LI OF PARCEL TO HENRY E BORN JR & JAMES F BORN JOINT PARCEL E 250 FT N 100 FT E TO E LI OF E1/2 OF LT 3 TH N TO POB LESS & EXCEPT JERNIGAN RD R/W LESS NLY 300 FT OF WLY 210 FT OR 3200 P 215 LESS OR 2173 P 202 BORN LESS OR 1864 P 891 BORN LESS OR 1864 P 589 SCENIC HILLS CHURCH OF CHRIST INC LESS VETERINARY OFFICE LESS OR 3355 P 25 SCENIC HILLS CHURCH OF CHRIST INC LESS OR 4330 P 699 SEXTON |
| Largest Nearby Street: | E. 9 MIle Rd. |
| Feet of Frontage: | 916 |
| Traffic/Vehicle Count: | 41,500 |
| Site Description: | • 11.94 AC +/- • Lot Dimensions 916’ x 627’ • 916 FT Frontage on Jernigan Road • HDMU Zoning |
| Area Description: | Less than two miles from the University of West Florida Campus, University Mall, and I-110. Easy access from East Nine Mile Road. The area is highly developed with established subdivisions and continued growth. Highly Developed Trade Corridor Directions: Heading North on I-110 to North Ferry Pass, take a left on East Olive Road, turn right onto Jernigan Road. The property will be on the left-hand side. |
| Lot Frontage: | 916 |
| Lot Depth: | 627 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,849 | 54,855 | 121,324 |
| Median Age: | 37.34 | 36.91 | 38.71 |
| Households: | 4,787 | 22,804 | 49,009 |
Contact
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