1.99 - 6.58 Acres across 9 Mile Rd from Home Depot - HC/LI

Vacant Land for Sale
Catylist Listing ID: 30344778
Property Subtypes: Industrial, Office, Residential (Single Family), Retail, Self Storage
Gross Land Area: 1.99 - 6.58 Acres
Sale Price: $470,000 - 1,460,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/18/2020

Overview / Comments

*** Back on the Market *** Ideal for development along 9 mile road just off of Hwy 29. This acreage is directly across from Home Depot, Denny’s and Lowes. New development is currently in progress across 9 mile road in front of Home Depot. Recent construction and expansion of Navy Federal Credit Union makes this property prime real estate for retail and professional services.

Parcel 1 is 1.99 Ac for $470,000
Parcel 2 is 4.59 Ac for $990,000

Parcel 1 fronts 9 mile road, offers 155’ of highway frontage and is 1.99 acres for $470,000. This parcel may be sold separately.

Parcel 2 consists of 3 lots, but must be sold as one parcel. These lots together offer 250’ of highway frontage and are 4.59 acres for $990,000. There are two structures on these lots, but are given no value.

One or both Parcels may be purchased for a total of 405’ of highway frontage and 6.58 Acres for $1,460,000.

An additional 4.86 acres is also available to the west of this 6.58 Acres for a total of 9.45 acres. This added property allows for ingress and egress to the lighted intersection of Fowler Avenue and Nine Mile Road.

The billboard on parcel 1 does not convey with property and offers no income to purchaser.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 09-1S-30-2101-071-008
Zoning: HC/LI
Property Located Between: Hwy 29 and Fowler Ave
Property Visibility: Excellent
Legal Description: Lengthy on file
Largest Nearby Street: US Hwy 29
Feet of Frontage: 405
Traffic/Vehicle Count: 28,170
Highway Access: US Hwy 29
Airports: Pensacola International Airport
Site Description: Flat, dry land in high traffic area of West Nine Mile Road. Two residentai structures on property hold little if any value. Plenty of aerage to develop including area for retention pond.
Area Description: Several national, regional and local businesses are in close proximity to this property including Home Depot, Lowes, Denny's , Chili's and Surety Land Title, to name a few.
Lot Frontage: 405
Lot Depth: 576
Zoning Description: HC/LI - Heavy Commercial/Light Industrial - Some uses include, convenient store, child care, car washes, Hotels, beauty shop, pet groomers, dry cleaners, realtors, banks, accountnat, dentist, physician office - to name a few
Topography: Level
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Standard utility easements
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,667 43,770 104,636
Median Age: 41.44 39.6 37.9
Households: 2,353 17,621 41,138


Photograph of Listing Agent

Glen D Fielder

EXIT Realty NFI - Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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