0.81 - 4.53 Ac-9 Mile Rd @ Beulah Rd-Zoned HC-LI (4 Lots) Lot #3 Sold

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 28877411
Property Subtypes: Industrial, Office, Retail
Status: Pending
Gross Land Area: 0.81 - 4.53 Acres
Sale Price: $282,000 - 1,688,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 4/5/2021

Overview / Comments

$8.90 PSF!!!
Ideal acreage for development along the 9 Mile Road and Beulah Road intersection. Recent construction and expansion of Navy Federal Credit Union has made this once quiet area a booming location for retail and professional services.

4 Parcels available for sale. Seller will divide. Process of platting has begun with Escambia County.

Lots 1 and 2 (Lot 3 has sold) front on West 9 Mile Road with 347' of frontage between Dollar General Store and Tom Thumb convenience store.

Lots 1 & 2 are 1.39 acre each and $539,000 each.

Lots 4 and 5 have a total of 325' highway frontage along Beulah Road.

Lot 4 is .94 acre for $328,000 (Under Contract)

Lot 5 is .81 acre for $282,000. (Under Contract)

There is a sewer line across the street (Beulah RD)

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 07-1S-31-1101-000-000
Zoning: HC-LI
Market Type: Medium
Property Located Between: First property off intersection of Beulah Rd and 9 Mile Rd (Wraps Tom Thumb)
Side of Street: South
Road Type: Paved, Highway
Property Visibility: Excellent
Legal Description: Lengthy in file
Largest Nearby Street: Beulah Rd
Feet of Frontage: 346
Traffic/Vehicle Count: 14,000
Transportation: Highway
Highway Access: Fronts on 9 Mile Rd (Hwy 90)
Airports: Pensacola International
Site Description: Level wooded lots
Area Description: Some commercial and new residential subdivision behind property. New Middle school 1/2 block west of property.
Lot Frontage: 346'
Lot Depth: 350
Zoning Description: HC-LI-Heavy Commercial/Light Industrial - allows for most commercial uses.
Development Name: 4.53 Acres or 4 lots .81 Ac to 1.39 Ac
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,246 9,291 29,792
Median Age: 40.37 41.17 39.99
Households: 1,208 3,410 11,410


Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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