Forest Pointe Commons-Hotel Site 1

Vacant Land for Sale
Catylist Listing ID: 30413333
Property Subtypes: Hospitality
Gross Land Area: 3.88 Acres
Sale Price: $2,000,000
Unit Price: $515,463 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/6/2019

Overview / Comments

500+ feet frontage on I-10

Forest Pointe Commons-Proposed development on the Northwest corner of I-10 and Pine Forest Rd.

The absolute BEST located real estate in Escambia Co.-5 minutes from Navy Federal Credit Union's 2M SF call center.

300 Luxury Apartments

7 out-parcels facing Pine Forest Rd.

A 3 Ac Independent Living development.

A 3 Ac Retail development.

2 Hotel sites (3.87 Ac and 3.05 Ac)

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 11-1S-31-1401-000-000
Zoning: HC-LI
Property Located Between: I-10 and 9 Mile Rd
Property Visibility: Excellent
Legal Description: See LA
Largest Nearby Street: I-10
Feet of Frontage: 500
Traffic/Vehicle Count: 26,000
Highway Access: Fronts on Pine Forest Rd (Access I-10 via ramp)
Airports: Pensacola International
Site Description: 42 acres slow fall to be graded and level. Lots of pine trees
Area Description: Retail commercial-Apartments/Walmart Neighborhood Market/Walgreens/Publix
Lot Frontage: 542
Lot Depth: 311
Zoning Description: HC-L!
Development Name: Forest Pointe Commons
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,833 31,145 95,342
Median Age: 35.46 42.13 38.66
Households: 1,242 12,368 35,693


Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
Photograph of Listing Agent

Linda D. Mitchell, Mgrm.

Gulf Real Estate Group, LLC Gulf Coast CMLS Member
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