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1500 Nine Mile - Development Land- Nine Mile Rd @Scenic Hills 3.5 Acres of Commercial Land Offered at $2,900,000 in Pensacola, FL 32514
INVESTMENT HIGHLIGHTS
- High Traffic Count : 41,500 AADT
- Adjacent to Scenic Hills Country Club
- High visibility lot with great views.
EXECUTIVE SUMMARY
Very high traffic count (42,500 AADT) and directly across the street from a neighborhood Wal-Mart. Possible seller participation in development project. Possible "ground lease".
PROPERTY FACTS
| Price | $2,900,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.50 AC |
| Property Type | Land | ||
| Zoning | COM - Commercial | ||
| Price | $2,900,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.50 AC |
| Zoning | COM - Commercial |
1 LOT AVAILABLE
Lot
| Price | $2,900,000 | Lot Size | 3.50 AC |
| Price Per AC | $828,571.43 |
| Price | $2,900,000 |
| Price Per AC | $828,571.43 |
| Lot Size | 3.50 AC |
High and dry commercial development parcel available in northeast Pensacola MSA-fronting Nine Mile Rd. This above road level grassy , cleared lot is level and has great visibility. Most is level and drops off in the back of the lot towards a creek.
DESCRIPTION
Rare Development Parcel on East Nine Mile Road : +/- 3.5 acres COM Zoned. Directly across from the Walmart Neighborhood Shopping Plaza. Located in the Primary Retail District serving the University of West Florida, Baptist Hospital Medical Bldg., and many neighborhoods & apartments located in the Northeast Pensacola community. The Cordova Mall , Pensacola International Airport , and access to I-10 are just 5-10 minutes away. Traffic count on this portion of Nine Mile Rd. is 41,500 AADT according to FDOT. The potential use of this parcel are endless. The growth and future of Pensacola stems off of this Nine Mile Rd. corridor. Purchase this property and place your development in the heart of Pensacola. Scenic Hills Country Club is your neighbor and an amenity to any future project. Call for more details. Subdividing is a possibility. Seller participation is a possibility.
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1500 Nine Mile - Development Land- Nine Mile Rd @Scenic Hills
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