1.62 Acres on Barrancas Ave
Vacant Land
for Sale
Catylist Listing ID: |
30848428 |
Property Subtypes: |
Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
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Gross Land Area: |
1.62 Acres
|
Sale Price: |
$449,000 |
Unit Price: |
$277,160 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
10/10/2024 |
Overview / Comments
This corner lot consists of 1.62 Acres (2 Lots) and offers 300 ft frontage on Barrancas Ave. Mixed zoning consists of 1.4 Acres as COM zoning and 0.22 Acres as MDR zoning.
The billboard on the property is on a year-to-year basis and currently pays $1,200/yr. A new owner could negotiate a new lease or terminate.
With 26,000 Daily Traffic, this lot could be ideal for a dollar store, automotive oil/service station, marine-related sales or service, general retail or office
This vacant lot assemblage consists of parcels: 502S301001006001 & 502S301001003004
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Additional Details
Nearest MSA: |
Pensacola-Ferry Pass-Brent |
County: |
Escambia |
Tax ID/APN: |
502S301001006001 |
Feet of Frontage: |
300 |
Traffic/Vehicle Count: |
26,000 |
Area Description: |
The property is in the Warrington Community which is unincorporated in Escambia County near Pensacola Naval Air Station. The area is the half-way point between downtown Pensacola and Pensacola NAS. Barrancas Ave is a main thoroughfare of Pensacola with an average of 26,000 cars a day. The area features a diverse mix of population demographics, many residential neighborhoods, near-by water access, retail shopping, apartments, and various recreational activities. |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
4,029 |
57,336 |
120,584 |
Median Age: |
40.82 |
36.32 |
37.48 |
Households: |
1,818 |
21,966 |
47,021 |
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