Commercial and Multifamily Development Land- 9 Mile Rd
Vacant Land
for Sale
| Catylist Listing ID: |
30573134 |
| Property Subtypes: |
Industrial, Multi-Family
|
| Gross Land Area: |
3.39 Acres
|
| Sale Price: |
$695,000 |
| Unit Price: |
$205,014 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/31/2021 |
Overview / Comments
This land is high and dry , level, and ready to build on. Great for developing apartments or townhouses. Near Navy Federal Credit Union and a couple of miles from I-10. Location, location, location; this is one of the best in Pensacola for multifamily development. Directly behind a daycare and close to schools.
Motivated Seller!
|
Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Escambia |
| Taxing Authority: |
Escambia County |
| Tax ID/APN: |
091S302101103005 |
| Zoning: |
HC/LI |
| Property Located Between: |
Bowman Avenue and Nine Mile Rd |
| Property Visibility: |
Good |
| Legal Description: |
This property consists of 5 parcels in Escambia County. See Legal Description Attachment. |
| Largest Nearby Street: |
9 Mile Rd |
| Highway Access: |
Interstate 10 and Hwy. 90 (Nine Mile Rd) |
| Airports: |
pensacola international airport |
| Site Description: |
Wooded and cleared. Possible old house on property not given value. |
| Area Description: |
Fast growing area with new housing, schools, and hospitals. |
| Zoning Description: |
HC/LI |
| Development Name: |
Apartment Development |
| Topography: |
Level |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,717 |
39,391 |
97,934 |
| Median Age: |
40.57 |
40.45 |
37.81 |
| Households: |
2,457 |
15,486 |
37,685 |
|
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