1.62 Acres on Barrancas Ave

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30848428
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
Status: Pending/Contingent
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: 4/16/2024

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

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.

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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


Photograph of Listing Agent

Robert "Beau" Vignes

Neal & Company, LLC Gulf Coast CMLS Member
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