Waterfront on Bayou Chico

Vacant Land for Sale
Catylist Listing ID: 30605532
Property Subtypes: Hospitality, Industrial, Multi-Family, Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 7.50 Acres
Sale Price: $2,750,000
Unit Price: $366,666 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/29/2021

Overview / Comments

Back on the Market!

Rare opportunity to acquire a tract of land (and submerged land) of this size on deep water Bayou Chico. This parcel is the former location of the TransMontaigne tank farm on "Old" Barrancas Ave and consists of approximately 7.5 total acres (+/- 5 acres of uplands) zoned HC/LI with a future land use of MU-U. This zoning and future land use allow for a wide variety of potential uses. Residential uses are allowed in the HC/LI zoning district so condos or multifamily are options. Also, if a boat dock and launch can be permitted into Bayou Chico, a marina with dry-stack storage might be a good option. Call me today to discuss your proposed project.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County, FL
Tax ID/APN: 592S302003000000, 592S302002000001, 592S302000000003, 592S302000000002, 592S302011000002, 592S302011000001
Zoning: HC/LI
Property Located Between: Mahogany Mill and Bayou Chico
Property Visibility: Good
Legal Description: Six very long legal descriptions are on file.
Largest Nearby Street: Barrancas Ave
Feet of Frontage: 740
Highway Access: Barrancas Ave turns into Gulf Beach Hwy. Navy Blvd, Hwy 98, and Hwy 90 are nearby.
Airports: Pensacola International Airport
Site Description: This former industrial site is cleared of any structures, mostly level and hard packed. There are some concrete containment walls and slabs still in place.
Area Description: This is a very diverse area with very high end residential, working class neighborhoods, marinas, retail, and light industrial all within a 1 mile radius. Located between Pensacola Yacht Club and Pensacola Country Club.
Lot Frontage: 740
Lot Depth: 830
Zoning Description: HC/LI = Heavy Commercial, Light Industrial A variety of uses are allowed. Please refer to Escambia County Planning and Zoning for specifics.
In Flood Plain?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,224 56,796 122,425
Median Age: 39.44 36.35 37.92
Households: 999 21,180 48,026


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