Development Opportunity on Navy Blvd

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30170556
Property Subtypes: Industrial, Office, Retail, Other
Status: Pending
Gross Land Area: 1.65 Acres
Sale Price: $455,000
Unit Price: $275,757 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 9/21/2018

Overview / Comments

Located in a high volume area of Navy Blvd, this 1.65 acre lot is primed for commercial development. The lot has 292 ft of road frontage on Navy Blvd and spans between Life Storage and Enterprise Rent-A-Car. The parcel also has the ability for off-site retention.

This Section of Navy Blvd acts as a junction between Warrington and Downtown Pensacola. It is in close proximity to numerous retail sites such as Dunkin' Donuts, Taco Bell, O'Reilly's, and McDonald's, to name a few. It is also located a short 1.5 miles from the main gate of NAS Pensacola, which also drives heavy traffic to the area.

Ideal for shopping center, hospitality, or stand-alone retail
Rectangular shape provides versatility in layout
One of the last remaining undeveloped lots on this section of Navy Blvd
Excellent road visibility and exposure

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 372S302005000002
Feet of Frontage: 292
Lot Frontage: 292
Zoning Description: HC/LI

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Contact

Photograph of Listing Agent

Justin A. Beck, CCIM, CPM

Beck Partners CRE, LLC TALrex.com Member
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