Commercial - Residential Development Acreage

Vacant Land for Sale
Catylist Listing ID: 30810404
Property Subtypes: Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Self Storage, Other
Gross Land Area: 34.50 Acres
Sale Price: $4,478,500
Unit Price: $129,811 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/9/2024

Overview / Comments

34.5 acres zoned HC/LI development site which allows for up to 25 dwelling units per acre.
Ideal site for residential or commercial subdivision.
Phase 1 environmental report on file.
Just east of the N. Palafox St. & Olive Road intersection.
Mixed use area of commercial & residential currently being used as a storage yard for construction materials such as asphalt milling, fill material, concrete, etc... NO hazardous materials on site.

Mixed use neighborhood
Commercial or residential usage.
560' on Briese Lane.
Less than 2 miles from Interstate 10.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 211S302101003025
Zoning: HC/LI
Property Located Between: Olive Road & E. Johnson Ave east off N. Palafox St.
Property Visibility: Good
Largest Nearby Street: Olive road/ Palafox
Feet of Frontage: 560
Highway Access: Interstate - 10 & Hwy 29
Airports: Pensacola International Airport
Site Description: Mostly level & cleared that abuts R/R on west side.
Area Description: Residential & commercial including warehouse/storage buildings.
Lot Frontage: 560
Lot Depth: 1450-1870'
Zoning Description: HC/LI Heavy Commercial and Light Industrial Sec. 3-2.11
Topography: Gently Sloping
Soil Type: Mixed
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: 6,343 65,606 143,484
Median Age: 37 36.08 38.02
Households: 2,508 25,741 57,106

Contact

Photograph of Listing Agent

David Valletto, SIOR

Stirling Pensacola Gulf Coast CMLS Member
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