CALL FOR OFFERS

Vacant Land for Sale
Call for Offers
Also listed as Multi-Family
Catylist Listing ID: 30868512
Property Subtypes: Multi-Family, Other
Gross Land Area: 10.59 Acres
Sale Price: $1
Unit Price: $0.09 Per Acre
Sale Terms: Other
Call for Offers: Yes
Cap Rate: Undisclosed
Last Updated: 4/15/2024

Overview / Comments

NAI Pensacola is pleased to present a Call for Offers opportunity at 8221 Pittman Avenue in Pensacola, FL. This development site is for an approved two-phase project, featuring the renovation of a 20,400 SF 10-unit building and the construction of 12 multi-family buildings offering approximately 156 dwelling units. The development order also includes infrastructure, landscaping, and ample parking with 254 spaces.

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 221S301101001001
Zoning: HCLI
Property Located Between: Pensacola Boulevard and Old Palafox
Property Visibility: Good
Legal Description: in file
Largest Nearby Street: Pensacola Boulevard
Traffic/Vehicle Count: 44,500
Highway Access: Immediate
Airports: Pensacola International Airport
Site Description: 10.59 AC tract with three ingresss / egress points
Area Description: Strategically positioned along a primary travel corridor, with convenient access to bus lines and the interstate, this location offers ideal transportation options for residents. Perfect for a multifamily development in a rapidly growing area with a suburban ambiance. Residents benefit from proximity to retailers, grocery stores, financial institutions, medical facilities, and top-rated hospitals. Ensley boasts numerous parks and exceptional school systems, making it a highly desirable place for families.
Lot Frontage: 675
Lot Depth: 727
Zoning Description: HCLI
Development Name: Woodland Place Apartments
Topography: Level
Available Utilities: Electric, Water, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,109 57,089 138,165
Median Age: 39.63 37.55 37.93
Households: 2,812 22,202 54,211

Contact

Photograph of Listing Agent

Tina Tortomase MiCP

NAI Pensacola Gulf Coast CMLS Member
Photograph of Listing Agent

Cameron Cauley, SIOR MiCP CCA

NAI Pensacola Gulf Coast CMLS Member
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