40+ acres on Hwy 87 near Turkey Bluff Rd.
Vacant Land
for Sale
| Catylist Listing ID: |
29550039 |
| Property Subtypes: |
Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
|
| Gross Land Area: |
40 Acres
|
| Sale Price: |
$800,000 |
| Unit Price: |
$20,000 Per Acre |
| Land Splits Available: |
Yes |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/7/2018 |
Overview / Comments
This offering includes a large parcel of vacant land near the corner of Highway 87 and East Bay Blvd./Turkey Bluff Rd. With over 1200' of frontage along Highway 87, there are over 10 acres of usable uplands, all of which are zoned HCD. The parcel also includes residentially zoned wetlands.
The corner acreage has recently been developed and the Family Dollar store is open. There is a cross easement agreement in place to allow for access from the curb cut on that property into the remaining acreage to the south. Access to this property is also available from two points off of Turkey Bluff (directly behind Family Dollar and from Pine Straw Lane).
Traffic count is 18,000+ daily.
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Santa Rosa |
| Tax ID/APN: |
092S260000002000000 |
| Zoning: |
HCD, R1 |
| Side of Street: |
East |
| Road Type: |
Paved |
| Property Visibility: |
Excellent |
| Legal Description: |
See file/request from agent |
| Largest Nearby Street: |
Highway 87, East Bay Blvd/Turkey Bluff Road |
| Traffic/Vehicle Count: |
18,000 |
| Transportation: |
Bus, Highway, Airport, Taxi |
| Highway Access: |
Highway 98 to Highway 87 |
| Site Description: |
40.56 +/- acres on Highway 87 just south of the intersection of Highway 87 and Turkey Bluff Road. There are additional portions of the larger parcel that are also available. |
| Lot Frontage: |
1,400+ feet on Highway 87 |
| Lot Depth: |
irregular - refer to map |
| Zoning Description: |
HCD, R1 |
| Topography: |
Level |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
21,135 |
28,525 |
| Median Age: |
35.1 |
36.09 |
| Households: |
7,889 |
10,726 |
|
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