Corner Lot on Avalon Boulevard ELITE Development Opportunity

Office for Sale
Sale Pending
Catylist Listing ID: 30872557
Property Subtypes: Mixed Use, Flex Space, Office Building, Other
Status: Pending
Building Size (RSF): 688 SF
Gross Land Area: 0.92 Acres
Sale Price: $185,000
Unit Price: $268.90 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/12/2024

Overview / Comments

Don't let an investment opportunity pass you by!

Recent, original survey on file and shows roughly 60 feet of frontage on Avalon Blvd with traffic counts of 24,500 AADT. Situated on a corner with a traffic light and turn lane.

Mobile home is clean and move in ready; 300+/- SF workshop has plenty of lighting, can be secured and is in excellent shape. This would make a great investment for a residential interim use for future commercial.

Property is currently zoned R2M (Medium Density Mixed) which allows for 10 dwelling units per acre and could most likely be rezoned for a commercial use. Currently on well water and septic (we are currently getting quotes to convert to public water / sewer).

Current owners inherited the real estate and are in the process of selling personal belongings using the site for garage sales.

All personal items will be removed prior to closing. Flexible sellers are willing to work with a buyer on modifications to zoning, mobile home removal, water/sewer connections with a fair proposal.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 17-1N-28-0000-05511-0000
Zoning: R2M - MEDIUM DENSITY MIXED USE
Property Located Between: Avalon Boulevard and Kelley Road
Highway Access: Avalon Boulevard and Highway 90
Airports: Pensacola International Airport
Site Description: It has a well for water with a pump house. Mobile home, garage and 3 outbuildings on the property. The garage is in good condition. Two septic tanks.
Number of Stories: 1
Year Built: 1992
Construction/Siding: Modular
Parking Type: Surface
Sprinklers: None
Heat Type: Other
Heat Source: Central
Air Conditioning: Engineered System, Other
Internet Access: Other
Zoning Description: 2. Zoning Districts and Uses SANTA ROSA COUNTY - 70 - Medium Density Mixed Residential (R-2M) – To provide suitable areas for medium density development where sufficient urban services and facilities are available or will be prior to development, or where the extension of such services and facilities will be physically and economically facilitated. It is the intent of this district to permit single, two family and multiple family structures to a maximum density of ten (10) dwelling units per acre. The density of new development proposals shall be compatible with existing development and the preservation of stable established areas, the cultivation of smooth transitions in residential densities and utilization of unique physical features
Lot Frontage: 422
Lot Depth: 283
Water Service: Well
Sewer Type: Septic
Easements: Ingress/Egress, Utilities
Legal Description: *LIFE EST*RESRVD IN FOLLOWING:BEG NE CORN OF NW4 OF SW4 THNS0*17'W ON E QTR LN 660 FT THNW 931/53 FT TO E R/W MULAT RDTH NELY ON E R/W HWY 191-A 663.77 FT TO POB THN S50*32'E 344FT THN N38*28'E 394.75 FT TO SLN OF CO RD THN WLY ON S LN491 FT +/- TO SR #191-A THN S34'58'W ON E R/W 105 FT TO POBAS DES IN OR 318 PG 213 & IN3031 PG 1883 (LIFE EST RESRVD)LESS OR 1005 PG 442 (#55.10) &LESS OR 2764 PG 663 (TO DOT)& LESS PORTS TO DOT IN OR 2803PG 2057 (.0032 AC) & LESS OR2803 PG 2059 TO SRC (NOW #55.11 TO SRC)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,259 21,846 51,045
Median Age: 37.19 37.1 38.27
Households: 1,273 8,487 19,650

Contact

Photograph of Listing Agent

Kelley Smith

Keller Williams Realty Gulf Coast
Gulf Coast CMLS Member
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