This Land Property is no longer advertised on LoopNet.com.

7220 Plantation Rd
Pensacola, FL 32504
1.45 Ac / I-110 Frontage-Behind Univ. Town Pl · Land For Sale · 1.56 AC

Investment Highlights

  • The site has an unobstructed view from major thoroughfare interstate 110 & interstate 10
  • Pensacola is home to one of the oldest Naval Aviation stations: NAS Pensacola Navy Base
  • The zoning is very versatile with many permitted uses including: Hotels & Retail

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Retail
  • Hospitality
  • Hospital
  • Hotel
  • Motel
Total Lot Size 1.56 AC
No. Stories 3
Zoning HC/LI

Description

The subject property was originally a hotel which has recently been demolished due to ownership shutting down the property. This offering provides investors with an opportunity to develop a hotel of 100 to 120 units on the site in a midrise 6-8 story building. As a premier city in the third largest state in the nation, Pensacola offers employers a large, talented, young and available pool of workers at a more affordable rate than other comparative regions with a diverse pool of demand generators for sourcing business.

Property Taxes

Property Taxes

Parcel Number
30-1S-30-4101-016-002
Land Assessment
$380,083
Improvements Assessment
$7,367
Total Assessment
$387,450
  • Listing ID: 24105146

  • Date on Market: 9/15/2021

  • Last Updated:

  • Address: 7220 Plantation Rd, Pensacola, FL 32504

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