Thank you
Harry
Bellcore Commercial LLC
850-434-3434
Prime +/-100 acre development site available in the heart of Pensacola, Florida. The site is one of the largest and best commercial, mixed-use, and residential development sites available in Northwest Florida and the Gulf Coast. The property consists of several parcels on the north and south side of Hwy 98 at the signaled intersection of Blue Angel Pkwy and Hwy 98. The site is centrally located in the booming Pensacola MSA and is the ideal location for mixed-use retail, hotel, multi-family, and residential development. The property has excellent visibility and access along the highly trafficked Hwy 98 which serves as the major arterial in NW Florida and stretches all the way to Alabama and southern Florida. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The strong economy and tourism has fueled the housing and retail demand in Pensacola over recent years. Pensacola benefits from the financial sector employment including Navy Federal Credit Union which recently announced expansion plans to double its workforce by 2020 and employment total to more than 10,000. The government has a substantial presence in the metro with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. There have been several new developments in the immediate vicinity with the brand-new Perdido Urgent Care across the street and a newly built strip center adjacent to the site. The property is in close proximity to the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and the beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach. The acreage is zoned Heavy Commercial Light Industrial (HC/LI) and High-Density Mixed Use (HDMU) which allows for a wide variety of commercial and residential uses. The density allowed varies on the proposed use and site
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WaterSource: Public
Easement
Lot Description: Corner Lot
Lot Size Area: 100
Lot Size Units: Acres
Lot Square Feet: 4,356,000
Lot Acres: 100
Main Square Feet: 100
Property Type: Land
Sub Type: Land/Acreage
Subdivision: None
Original List Price: $46000
Parcel Number: 182S311301000001
Elementary School: Pleasant Grove
Junior High School: Bailey
Senior High School: Escambia
Direction: Hwy 98 to Blue Angel. Properties are directly across the street from each other. The commercial site is across from the urgent care.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
228 Cherokee Trl, Pensacola, FL,32506 | $60,000 | -- | -- | -- | 0.3244 Acre |
145 Gladiola, Pensacola, FL,32506 | $22,900 | -- | -- | -- | 0.1544 Acre |
17 Linda St, Pensacola, FL,32506 | $223,900 | 3 | 2 | 1,508 | 0.25 Acre |
9055 Caribbean Dr, Pensacola, FL,32506 | $285,000 | 3 | 2 | 1,743 | 0.281 Acre |
1212 Benning Pl, Pensacola, FL,32506 | $290,000 | 3 | 2 | 1,540 | 0.2095 Acre |
12473 Ryland Dr, Pensacola, FL,32506 | $375,000 | 4 | 3 | 1,902 | 0.15 Acre |
221 S 69th Ave, Pensacola, FL,32506 | $339,900 | 3 | 3 | 2,438 | 0.31 Acre |
220 Riola Pl, Pensacola, FL,32506 | $565,000 | -- | -- | -- | 42.5 Acres |
39 Pen Haven Dr, Pensacola, FL,32506 | $170,000 | 2 | 1 | 784 | 0.15 Acre |
1462 Madelyn Woods Dr, Pensacola, FL,32506 | $384,900 | 3 | 2 | 1,739 | -- |
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ByOwner last updated this listing 04/28/2024 @ 06:38
MLS: 556169
LISTED BY: Harry Bell, Bellcore Commercial LLC
SOURCE: Pensacola MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.