4.84 Acres on Pine Forest Rd
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30745618 |
| Property Subtypes: |
Multi-Family, Retail, Self Storage
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
4.84 Acres
|
| Sale Price: |
$480,000 |
| Unit Price: |
$99,173 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/16/2024 |
Overview / Comments
|
4.84 Acres COM/HDMU in NW Pensacola centrally located between Interstate 10 and Mobile Hwy corridor. This property has convenience for interstate travelers as well as proximity to major retailers with Pine Forest Corners retail center located 1 minute's drive time to the south and Pensacola Interstate Fair Grounds just behind the retail center. Demographics within a 5 mile radius include a Total Population of 89,188 and an Average House Hold Income of $57,472.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
COUNTY MSTU |
| Tax ID/APN: |
251S314207000000 |
| Zoning: |
COM/HDMU |
| Property Located Between: |
Mobile Hwy and I-10 |
| Property Visibility: |
Excellent |
| Legal Description: |
S 210 FT OF W 1050 FT OF NW1/4 OF SE1/4 DB 256 P 57 CASE 88-161 CP-03 OR 7255 P 674 OR 7486 P 1924 OR 7501 P 1287 LESS RD R/W |
| Largest Nearby Street: |
Pine Forest Rd |
| Feet of Frontage: |
210 |
| Traffic/Vehicle Count: |
19,400 |
| Highway Access: |
Centrally located between I-10 (3 miles), Mobile Hwy (0.5 miles) and I-110 (8 miles). |
| Airports: |
Pensacola International Airport, Naval Air Station Whiting Field |
| Site Description: |
Current split zoning includes approximately .74 acres of Commercial zoned land and 4.10 acres of High Density Mixed Use, with the Future Land Use as MU-U (Mixed Use Urban). Both zonings and future land use allow for 25 units per acre. Public utilities are not connected to the property but are available at the boundary lines for Public Water, Gas, and Electric. The lot includes a curb cut and side walks along the 210 ft of road frontage on Pine Forest Rd. |
| Area Description: |
This high traffic area (AADT 19,400) is centrally located within the established suburban Pine Forest neighborhood comprised of medium to large single family homes. This area also provides a 56.7% higher income neighborhood when comparing similar neighborhoods in America, with over a third of the population employed in executive management and professional occupations. |
| Lot Frontage: |
210 |
| Lot Depth: |
1000 |
| Zoning Description: |
Commercial and High Density Mixed Use. Future Land Use MU-U |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas |
| Water Service: |
None |
| Sewer Type: |
None |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,850 |
51,940 |
127,020 |
| Median Age: |
40.15 |
37.98 |
37.39 |
| Households: |
1,819 |
19,703 |
49,057 |
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© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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