37+ 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: |
37 Acres
|
| Sale Price: |
$800,000 |
| Unit Price: |
$21,621 Per Acre |
| Land Splits Available: |
Yes |
| Adjacent Parcels Available: |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/19/2018 |
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 access from Highway 87 and from Turkey Bluff Road, there are over acres of usable uplands in this section, all of which are zoned HCD. The parcel also includes additional HCD land at the southern most part of the parcel and 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. Another section of the original parcel on Highway 87 has been sold and there is also a cross easement agreement in place to access the curb cut for that property.
Traffic count is 18,000+ daily and is expected to continue to increase.
|
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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