Development Site Avalon Blvd

Vacant Land for Sale
Catylist Listing ID: 30728654
Property Subtypes: Office, Retail
Gross Land Area: 1.03 Acres
Sale Price: $195,000
Unit Price: $189,320 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/4/2021

Overview / Comments

Development opportunity on Avalon Blvd in Santa Rosa County. 1.03 acres zoned HCD located on the northbound side of Avalon Blvd, the property 1 mile from US 90 and the new Santa Rosa County Court House. 5 Mile Demographics: Total Population 18,408 and Average Household Income $80,970

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 18-1N-28-0000-05501-0000
Zoning: HCD
Property Located Between: US 90 and Sterling/Bell Ln
Property Visibility: Excellent
Legal Description: Lengthy, in file.
Largest Nearby Street: US 90
Feet of Frontage: 352
Traffic/Vehicle Count: 21,000
Highway Access: 1 Mile to US Hwy 90 and 4.3 miles to I-10
Airports: Pensacola International Airport, Naval Air Station Whiting Field
Site Description: Vacant HCD lot with 352 Ft of frontage on Avalon with ingress/egress easement in place with neighboring property.
Area Description: Avalon Blvd has become a major site for improvement in Santa Rosa County with the $40 Million dollar four lane widening project completed in 2016, followed by the currently under construction, $48 Million dollar new County Court House for Santa Rosa County which was approved in 2019 and the Pace Commons Subdivision which obtained approval in 2020 for 1,055 new homes just off of Avalon Blvd 1.3 miles distance from the site. Santa Rosa County is one of the fastest growing counties in the U.S. The County also boasts high median household incomes, low business costs, top ranked school system and low crime rates according to the Santa Rosa EDC.
Lot Frontage: 352
Lot Depth: 252
Zoning Description: Highway Commercial Development
Easements: Ingress/Egress, Utilities
Easements Description: Ingress/ Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,259 22,703 48,190
Median Age: 37.19 37.04 37.8
Households: 1,273 8,783 18,504

Contact

Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial NRT Pensacola
Gulf Coast CMLS Member
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