Retail/Restaurant Outparcel Available

Vacant Land for Sale
Catylist Listing ID: 30839465
Property Subtypes: Retail, Other
Gross Land Area: 1.12 Acres
Sale Price: $275,000
Unit Price: $245,535 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/10/2024

Overview / Comments

Excellent +/- 1.12 Acre Outparcel available in Pensacola, FL. The site would be an ideal location for a restaurant or retail user. The property is located along the heavily trafficked Mobile Hwy, which experiences over 32,500 vehicles per day. The site is located just North of the brand-new Aldi grocery store and the highly trafficked retail trade area in the West Pensacola sub-market. The site is near the Pensacola Naval Air Station and several national retailers and restaurants. Nearby retailers and restaurants include Publix, Walgreens, Walmart, Lowe's, Home Depot, Office Depot, Dollar Tree, O'Reilly Auto Parts, Discount Tires, Mcdonalds, Arby's, Taco Bell, and many others.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 132S302302000000
Zoning: COM
Property Located Between: W Michigan Avenue & Buckingham Road
Property Visibility: Excellent
Largest Nearby Street: Mobile Highway
Feet of Frontage: 255
Traffic/Vehicle Count: 32,500
Area Description: Pensacola is located on Florida’s Gulf Coast near the Florida/Alabama state line. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The strong economy and tourism have fueled the housing and retail demand in Pensacola over recent years. The government has a substantial presence in the metro, with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. The property is in close proximity to the core retail trade area, Pensacola International Airport, hospitals, the University of West Florida, NAS Pensacola, Whiting Field Naval Base, and beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.
Lot Frontage: 255
Zoning Description: COM

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,602 63,495 140,751
Median Age: 37.3 37.44 36.54
Households: 2,110 24,683 54,269


Photograph of Listing Agent

Robert Bell

Bellcore Commercial LLC Gulf Coast CMLS Member
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