1.08 Ac–Pine Forest Rd–Near I-10

Vacant Land for Sale
Catylist Listing ID: 30565659
Property Subtypes: Hospitality, Office, Retail
Gross Land Area: 1.08 Acres
Sale Price: $795,000
Unit Price: $736,111 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/30/2020

Overview / Comments

1.08 Ac (2 lots 0.66 and 0.42 Ac) located just south of I-10 and directly across from the RaceWay C-Store.

Fronts on Pine Forest Rd and Chellie Rd (rear).

Can also purchase 0.59 Ac next door (south side), which has a 6,900 SF building on it.
7865 Pine Forest Rd–0.59 Ac w/ 6,900 SF Bldg–$1,000,000.

That property currently has an ongoing business (Smith Family Carpets) which can be purchased for $300,000 + inventory.

Seller will sell it all (these 2 vacant lots, and the improved property next door (Total of 1.67 Ac) for $1,175,000

All INCLUDING the business–$2,095,000

This property has access to parking lot to large property (Former Food-World now self storage) to the south.

Not connected to sewer. (Also the area is currently at capacity (1/2020) ECUA is 'working on it'

DO NOT DISTURB!!!! Call listing agent to show.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 13-1S-31-1100-006-016
Zoning: COM
Property Located Between: Just south of I-10
Property Visibility: Excellent
Legal Description: In File
Largest Nearby Street: I-10
Feet of Frontage: 112
Traffic/Vehicle Count: 32,000
Highway Access: Fronts on Pine Forest Rd (State Rd 297) and on the rear Chellie Rd
Airports: Pensacola International
Site Description: Level
Area Description: Typical businesses at Interstate connections......Lots of restaurants, hotels and Convenience stores
Lot Frontage: 112'
Lot Depth: 516'
Zoning Description: COM (allows most commercial uses (Office/retail/hospitality)
Development Name: Next dorr to Smith Family Carpet
Topography: Level
Easements: Utilities
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,088 37,086 103,764
Median Age: 40.62 41.04 38.17
Households: 3,289 14,707 38,925


Photograph of Listing Agent

Gary Watson, CCIM

EXIT Realty NFI-Commercial Gulf Coast CMLS Member
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