Large Acreage Development Site

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30753681
Property Subtypes: Agricultural, Residential (Single Family), Other
Status: Pending/Contingent
Gross Land Area: 61.68 Acres
Sale Price: $1,700,000
Unit Price: $27,561 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/28/2021

Overview / Comments

61.68 Acres Zoned AG/RR in Santa Rosa County located at a lighted corner at the intersection of Hwy 87 and Nichols Lake Rd. 2 miles south of I-10, 3 miles south of US Hwy 90 and 15 minutes to Navarre Beach.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: East Milton
Tax ID/APN: 15-1N-27-0000-00831-0000 and 15-1N-27-0000-00804-0000
Zoning: AG/RR
Property Located Between: Hwy 87 and Nichols Lake Rd
Property Visibility: Excellent
Legal Description: Lengthy In file.
Largest Nearby Street: Hwy 87
Traffic/Vehicle Count: 13,400
Airports: Pensacola International Airport, Naval Air Station Whiting Field, Peter Prince Air Field
Site Description: This is a combined sale of 2 parcels with approximately 1378 ft of frontage on Nichols Lake Rd. and is visible from Hwy 87. Both parcels are inside of the NOLF Santa Rosa Military Airport Zone with airfield noise contributors at 60, 55 and 60. Surrounding zoning includes R1M and HCD
Area Description: Located in Santa Rosa County just south of I-10, the County is the 8th fastest growing population in the State of FL, is the 4th highest median house hold income. The County has a 1.9% growth population through 2025 and A rated school district. This large acreage site is 2 miles to I-10 and 3 miles to US Hwy 90. New development in the immediate area include 50 Acre Splash RV Campground & Water Park, 104 Lot Subdivision at Yellow River Ranch, 13 new Airplane Hangers at Peter Prince Airport and Family Dollar.
Lot Frontage: 1378
Lot Depth: 2167
Easements: Utilities
Easements Description: Gulf Power
Available Utilities: Electric, Water, Gas, Cable, Internet Access
Water Service: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,048 13,468
Median Age: 45.38 38.43
Households: 824 3,946


Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial Realty
Gulf Coast CMLS Member
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