Catylist ID:
#30857204
| Catylist Listing ID: | 30857204 |
| Property Subtypes: | Industrial, Multi-Family |
| Gross Land Area: | 3.53 Acres |
| Sale Price: | $1,499,000 |
| Unit Price: | $424,645 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 11/13/2023 |
Overview / Comments
|
Great development site available for purchase. This 3.53 acre site includes 220 feet of frontage along the north side of Nine Mile Road/Highway 90 between Bowman Avenue and Cove Avenue. This property has good visibility, high traffic counts, great demographics, and is located in the fastest growing area of Pensacola. Potential uses for the property include retail, shopping, schools, medical, offices, convenience stores, restaurants, apartments, single family homes, churches, and/or motels. The site is high and dry with no wetlands indicated on maps, and is located in Flood Zone X (areas of minimal flooding). Property Highlights: Great 3.53 Acre Site High Visibility Zoned HC/LI Close to Highway 29 Between Lowe's, Home Depot, and New 240 Unit Apartment Development 28,500 Average Daily Traffic Count |
Attachments & Media
Additional Details
| Nearest MSA: | Pensacola-Ferry Pass-Brent |
| County: | Escambia |
| Tax ID/APN: | 091S302101090006 |
| Zoning: | HC/LI |
| Property Located Between: | Pine Forest Road and Bowman Avenue |
| Property Visibility: | Excellent |
| Largest Nearby Street: | W Nine Mile Rd |
| Area Description: | This 3.53-acre property is located on the north side of Nine Mile Road, also known as Highway 90 in Pensacola, Florida. This is the major east west thoroughfare in North Pensacola. This property is located between Interstate 10 and Highway 29 (within two miles of both), which allows access to most anywhere in Pensacola within fifteen minutes. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,117 | 37,506 | 103,942 |
| Median Age: | 40.52 | 40.46 | 37.79 |
| Households: | 3,028 | 14,865 | 40,534 |
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