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2215 Fairburn St/ Olive St - Redevelopment Site 17 Acres of Commercial Land Offered at $2,200,000 in Pensacola, FL 32514



Investment Highlights
- Less than 1 mile to I-10 & I-110
- AADT 19,000 Olive Rd & 74,000 Davis Hwy
- 5 Mile Demographics Total Pop. 114,066 Avg. HHI $83,642
Executive Summary
Property Facts
| Price | $2,200,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 17.00 AC |
| Property Type | Land | ||
| Zoning | COM/ MDR | ||
| Price | $2,200,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 17.00 AC |
| Zoning | COM/ MDR |
1 Lot Available
Lot
| Price | $2,200,000 | Lot Size | 17.00 AC |
| Price Per AC | $129,411.76 |
| Price | $2,200,000 |
| Price Per AC | $129,411.76 |
| Lot Size | 17.00 AC |
Formerly 3 separate lots, recently merged into a single 17-acre parcel.
Description
+/- 17 Acre Commercial Development Site in the heart of the Ferry Pass between N. Davis Hwy and E. Olive Rd. Pensacola, FL. Split zoning with +/-12.11 acres zoned COM allowing 25 units per acre, and +/-4.89 acres zoned MDR allowing 10 units per acre. The site is within the service area of the Pensacola Bay Mitigation Bank. Site accessibility includes Olive Rd with 100 feet of frontage & curb cut and second entrance at Olive Rd and Binkley St with full median cut. Additional access to the site from the stop light at Davis Hwy/Klinger St and via turn lane at Davis Hwy/Berg St. Demographics within a 5-mile radius include a Total Population of 114,066 and Average Household Income of $83,642. Immediate surroundings include West Florida Hospital, Ferry Pass Plaza, University Town Plaza, University Town Center, I-10/I-110, Ellyson Industrial Park and The University of West Florida. Olive Rd AADT 19,000 and Davis Hwy AADT 74,000. I-10 and I-110 is less than one mile. Located next to the Davis Hwy Escambia County Area Transit Bus Route.
Contact the Sale Advisor
2215 Fairburn St/ Olive St - Redevelopment Site
