Forest Pointe Commons-Pine Forest Rd @ I-10

Vacant Land for Sale
Catylist Listing ID: 30414772
Property Subtypes: Office, Retail
Gross Land Area: 1.19 - 3.96 Acres
Sale Price: $900,000 - 2,460,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/19/2019

Overview / Comments

Northwest Corner of I-10 abd Pine Forest Rd
Forest Pointe Commons-a 42 acre development with 300+ Luxurious apartments. We are looking for upscale retail, restaurants & hotels.
Parcels available (See exhibit)
Parcel A-Planned Use-Assisted Living-3.96 Ac-$2,460,000
Parcel B-Planned Use Hotel-3.88 Ac-$2,000,000 (Good exposure to I-10)
Parcel C-Planned Use Hotel-3.88 Ac-$1,800,000
Parcel D-Planned Retail Use-3.88 Ac-$900,000
Medical Parcel-2.0 Ac-$1,600,000 (Contract Pending)
Out-Parcel #1-1.15 Ac-$901,692
Out-Parcel #2-1.54 Ac-$1,215,324 (Corner at Main Entrance)
Out-Parcel #3-1.19 Ac-$933,055 (Corner at Main Entrance)
Out-Parcel #4-1.19 Ac-$933,055
Out-Parcel #5-1.19 Ac-$933,055

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 11-1S-31-1401-000-000
Zoning: HC-LI
Property Located Between: I-10 and 9 Mile Rd
Property Visibility: Excellent
Legal Description: In File/See LA
Largest Nearby Street: I-10
Feet of Frontage: 200
Traffic/Vehicle Count: 26,000
Highway Access: Fronts on 297 (Pine Forest Rd) at on Ramp to I-10
Airports: Pensacola International
Site Description: Slight fall...site to be graded level
Area Description: Hotels and grocery stores....Publix/Walmart Neighborhood Market/Walgreens etc.
Lot Frontage: 200
Lot Depth: 300
Zoning Description: HC-LI (Allows most commercial uses)
Development Name: Forest Pointe Commons (Proposed)
Topography: Gently Sloping
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,833 31,145 94,153
Median Age: 35.46 42.13 38.72
Households: 1,242 12,368 35,630

Contact

Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
Photograph of Listing Agent

Linda D. Mitchell, Mgrm.

Gulf Real Estate Group, LLC Gulf Coast CMLS Member
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