3.4+ Acres Michigan Ave Frontage

Vacant Land for Sale
Catylist Listing ID: 30835580
Property Subtypes: Industrial, Retail
Gross Land Area: 3.43 Acres
Sale Price: $875,000
Unit Price: $255,102 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2024

Overview / Comments

3.43 +/- Acres

Directly north of Publix anchored Bellview Plaza Shopping Center offers An approximate 3.43 Acres Vacant, high and dry Land fronting Michigan Ave.
An approximate 100’+ mid block of Michigan Ave. creates an optimal opportunity for a national QSR location. As County zoned COM Commercial, the expanse of acreage in rear of the parcel is well suited for industrial development, Warehouse or Storage concept. Eastern boundary of Acreage borders Denver Street with ease of access onto property. Tucson Avenue bordering the norther boundary offers further convenient access.
Neighboring commercial concepts are of national Automotive and Food service brands.
Pensacola’s Mobile Highway intersects with Michigan Ave less that 750’ from SUBJECT. Easterly of SUBJECT ties into Palafox Street and Interstate 110.

Please contact Broker for gain of access.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 421S302101001031
Traffic/Vehicle Count: 35,500

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,728 61,561 144,301
Median Age: 37.53 37.54 36.65
Households: 2,199 23,904 55,778


Photograph of Listing Agent

Phil Sherrill

Beau Box Florida LLC Gulf Coast CMLS Member
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