9.11 Acres in Pensacola

Vacant Land for Sale
Catylist Listing ID: 30716886
Property Subtypes: Multi-Family
Gross Land Area: 9.11 Acres
Sale Price: $2,314,000
Unit Price: $254,006 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/18/2021

Overview / Comments

9.11 Acre Multifamily site for up to 178 units available in Pensacola FL! This site has unobstructed views of Escambia Bay and is conveniently located to exit 17 on I-10. Class A multifamily rental rates are $2.25 to $2.75 per sf in the Pensacola Market with 41.8% of the population living in rental properties.
15min Drive Time Demographics:
Pop- 152,582
Avg. HH Income- $72,626
Avg. People per HH- 2.3

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 061S291009000000
Highway Access: Interstate 10
Airports: Pensacola Intl' Airport

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,956 36,054 92,232
Median Age: 39.83 41.59 38.51
Households: 3,491 16,150 37,621

Contact

Photograph of Listing Agent

Chad Knaepple CCIM, SIOR

Taylor Allen Properties LLC Gulf Coast CMLS Member
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