Agricultural, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Self Storage
Gross Land Area:
63 Acres
Sale Price:
$1,575,000
Unit Price:
$25,000 Per Acre
Sale Terms:
Cash to Seller, Purchase Money Mortgage
Cap Rate:
Undisclosed
Last Updated:
9/1/2023
Overview / Comments
This property's claim to fame is that it is sitting exactly property line to property line with 2 large commerce parks that are part of "The Bluffs". Please look at the location display in the photos. "The Bluffs" is a large commercial development by the Emerald Coast Utilities Authority and Florida West, Escambia County's economic development arm.
Projected to employ over 10,000 within a few years, "The Bluffs" is in the final stage of planning and it's final plan and marketing is expected to be rolled out in just a few months. A link to their website is found in the media section of this listing. The property is partially owned by the listing Realtor and has been in his family for many years. Even though it's currently zoned "Agr" it's expected that changing the zoning to a zoning compatible with the commerce parks' or high density residential should not difficult. The owners would work with the buyer to help with any rezoning that was necessary.
If you're interested in learning more about "The Bluffs" then let me know what you'd like to know.
Approx 2 miles from US 29 and 5 miles north of 9 Mile Road when new Industrial Blvd. is extended from the south.
Airports:
Pensacola International
Site Description:
High, dry, sloping and some low area near the Power easement. Appears to be sand, gravel & clay base.
Zoning Description:
Agr now but will be next to new commerce parks to be built by County. See Media link and location photo on listing. Owners will work with buyer to upgrade zoning which should not be a problem.
Topography:
Rolling
Easements:
Pipelines
Easements Description:
Pipeline easement near road. Unused.
Available Utilities:
Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
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