5 acres of HCD on Hwy 87

Vacant Land for Sale
Catylist Listing ID: 30537675
Property Subtypes: Hospitality, Industrial, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 5 - 11.62 Acres
Sale Price: $625,000
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/26/2022

Overview / Comments

5 acres are being offered which is part of a total of 11.62 +/- acres of HCD (Highway Commercial District) zoned highway frontage at the entrance to the Northwest Florida Industrial Park @ I-10. This site is less than 1 mile from I-10 giving it great access to the primary east/west corridor through Florida and Alabama. Hwy 87 is a divided four lane highway and provides access to Milton to the north, and Navarre to the south.

Technology Ave is the north corner of this site and gives the site access to all utilities. The site is high and dry, and has over 1400 feet of highway frontage. This site can be subdivided as follows:

* 11.6 acres - $1,275,000
* 5 acres - $625,000 (either corner)
* 3 acres - $425,000 (either corner)
* 2 acres - $325,000 (either corner)

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: santa rosa
Tax ID/APN: 09-1N-27-0000-00118-0000
Zoning: HCD
Property Visibility: Excellent

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,477 14,831
Median Age: 37.9 37.73
Households: 1,673 4,537


Photograph of Listing Agent

Jack R Williams

Beck Partners CRE, LLC Gulf Coast CMLS Member
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