Land For Sale

Vacant Land for Sale
Also listed as Multi-Family
Catylist Listing ID: 30384927
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Self Storage, Other
Gross Land Area: 4.43 - 4.50 Acres
Sale Price: $575,000
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/3/2019

Overview / Comments

PRICE REDUCED!! SELLER IS OFFERING A $5000.00 TO SELLING AGENT IF PROPERTY CLOSES BY DECEMBER 31TH, 2019.

This property fronts Davis Highway (173.5 ft. or 283 ft. frontage with additional parcel & Langston St (150 ft./726 ft. frontage with additional parcel). The 3 parcels zoning is approximately 6 acres zoned Commercial, and 1.50 +/- acres of R-3. Potential 7 to 8-acre site with adjacent properties.

This high and dry property is conveniently located just North of Interstate 10 at Exit 13 and South of Hwy 90 being only 10 blocks South of The University of West Florida and 8 Blocks North of West Florida Hospital. This parcel is located in a strong commercial retail corridor that includes a Target & Publix retail development, a Simon's University Towne Center that includes a new BJ's Wholesale club being built, JC Penny, Texas Road House, Cheddar's, Academy Sports and Burlington Coat Factory. The property is also near both of the area' s largest health care facilities, West Florida Hospital and Baptist Medical Park. The University of West Florida is a growing campus that with a new NCAA football and has just opened a retail strip center with plans for a Hotel and Convention center.
This is a perfect site for student housing or senior center.
Perhaps someone wants to live and work on site as well as have investment?

Live and work in this beautiful secluded, yet, located in the heart of everything of a growing commercial corridor. This Home has 2700 square feet of living space with updates including a new roof, fresh paint and all new windows and doors. Property is zoned commercial and boasts plenty of room for you and your business with 4.5 beautiful acres. Features beautiful outdoor spaces with new concrete drive, 30ft by 10 ft rocking chair porch; brick patio with fountain, fish pond and fire pit; 12 mature and producing fruit trees and lush tropical landscaping. This retreat also has a separate 2 bedroom, 1 bath, 1000 square foot guest house along with a 1000 square foot block storage shed. Additionally, there is a 1 bedroom and 1 bath home in need of TLC. This property could also generate approximately $2300 in rental income from the main home and guest home while your investment continues to grow in value.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 161S302104000000
Zoning: COMMERCIAL
Property Located Between: University BLVD and Copter Rd.
Property Visibility: Excellent
Legal Description: 161S302104000000 - Full Legal Description BEG 1758 FT S OF NW COR OF SEC N ALG W LI OF SEC 254 35/100 FT 90 DEG 39 1/2 MIN RIGHT 150 FT FOR POB CONTINUE SAME COURSE 683 8/10 FT TO A PT ON W LI OF OLD FERRY PASS RD SWLY ALG W LI OF OLD FERRY PASS RD AT EXT ANG OF 104 DEG 57 MIN 44 7/10 FT TO A PT ON W LI OF NEW FERRY PASS RD SWLY ALG W LI OF SAID RD AT EXT ANG OF 7 DEG 45 MIN 126 FT WLY 283 FT NLY 10 FT WLY 341 5/10 FT N 150 FT TO POB OR 4117 P 1765 LESS OR 296 P 734 STATE ROAD 291 R/W ALSO BEG AT NW COR OF SEC S 0 DEG E ALG W LI 1758 FT TO N R/W LI OF LANGSTON ST FOR POB S 89 DEG 17 MIN 35 SEC E ALG R/W 150 FT N 0 DEG E 254 FT N 89 DEG 17 MIN 35 SEC W 150 FT TO W LI OF SEC S 0 DEG E ALG W LI 254 FT TO POB OR 1726 P 3 OR 4132 P 604 ALSO BEG 1503 65/100 FT S OF NW COR OF LT 2 N 150 FT ELY AT ANG OF 90 DEG 39 1/2 MIN 351 FT SLY AT INTERIOR ANG OF 100 DEG 150 FT WLY 375 1/10 FT TO POB OR 3869 P 590 OR 4419 P 82 OR 1965 P 657 OR 1445 P 217
Largest Nearby Street: Pensacola Florida
Highway Access: Davis Hwy frontage I-10 1 mile away I-110 1 mile away Hwy 90 2 blocks
Airports: Pensacola Regional Airport
Lot Frontage: 173' on Davis Hwy
Lot Depth: 900'
Zoning Description: Commercial
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,085 57,585 111,821
Median Age: 33.66 37.09 37.95
Households: 2,728 24,700 45,114

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