Redevelopment Opportunity Near NAS, Pensacola

Vacant Land for Sale
Catylist Listing ID: 30576749
Property Subtypes: Office, Retail
Gross Land Area: 1.24 Acres
Sale Price: $750,000
Unit Price: $604,838 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2020

Overview / Comments

This high visibility property has a great location with frontage on Navy Blvd, Barrancas Av, Central and S. 1st Street near main entrance to NAS! Property address included in this listing are 41 S Navy Boulevard and 4151 thru 4171 Barrancas Avenue. The property is currently improved with a multi-tenant retail building and 1 unit apartments, and a separate drive-thru restaurant; but the value is in the land! Escambia County has indicated the existing building have no historical significance and can be removed from the site, however, buyers are urged to confirm all information. Please contact Lisa Bradley, the listing agent, for additional information.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 51-2S-30-7031-001-020 and 51-2S-30-7061-004-020
Zoning: COMMERCIAL
Property Visibility: Good
Legal Description: In files.
Largest Nearby Street: Navy Boulevard and Barrancas Ave
Feet of Frontage: 590
Traffic/Vehicle Count: 47,000
Airports: Pensacola International Airport
Site Description: This 1.24 acre site is comprise of two tax parcels, and includes frontage on Barrancas Avenue, South Navy Boulevard, Commerce Street, and South 1st Street. Great location near entrance to NAS, and in close proximity to the Pensacola Country Club, and just minutes from Downtown Pensacola. The site includes street parking along Barrancas Avenue.
Lot Frontage: 292
Lot Depth: 298
Zoning Description: Commercial
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,937 49,504 109,215
Median Age: 38.34 35.12 36.37
Households: 3,923 18,094 41,238

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