11 Acres of High-Density Mixed Use and Heavy Commercial

$2,400,000
Under Contract

Property Details

ID: 65286
External ID/MLS: --/30875309
Status: Under Contract
Price: $2,400,000
Acres: 11
Price Per Acre: $218,182
Type: Undeveloped Land, Commercial, Business Opportunity
Address: 9200 Fowler Ave
City, State: Pensacola, Florida
County: Escambia
Zip Code: 32503
Presented By: Philip Ross

Description

Discover the development potential of this expansive 11-acre property, featuring two entrances with road frontage. This unique assemblage offers split zoning, encompassing two highly sought-after zoning districts. 

- High-Density Mixed-Use Zoning: 8 acres suitable for up to 25 units per acre, perfect for residential or commercial projects.
- Heavy Commercial/Light Industrial Zoning: 3 acres ideal for service-oriented businesses, multi-family housing, or lodging facilities.

Conveniently located near major thoroughfares such as Highway 90, US 29, and with easy access to Interstate 10 and Interstate 110, this property provides excellent connectivity. This prime location is a significant advantage for both business and residential development, enhancing its appeal and potential.

Additionally, included in the purchase are several leases:
- 9110 Fowler: $2,500/month for a warehouse occupied by a landscaping business, plus a single-family residence available for lease. SFR currently leased $2,000 per month.
- 9200 Fowler: Single-family residence currently leased for $800/month.
- 9210 Fowler: Vacant property with outdoor storage accessory buildings, currently leased for $2,900/month.

This diverse income stream adds to the property's attractiveness and investment potential. Contact your Accredited Land Consultant today.

Additional Details

Home Details

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Additional Info

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Financial

Listing Terms:
Philip Ross
Philip Ross
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