3+/- Acres HDMU - Assemblage

$1,349,000
New Listing

Property Details

ID: 77106
Status: New Listing
Price: $1,349,000
Acres: 3.01
Price Per Acre: $448,173
Type: Undeveloped Land, Commercial, Business Opportunity
Address: 1321 E Olive Rd
City, State: Pensacola, Florida
County: Escambia
Zip Code: 32514
Presented By: Philip Ross

Description

3 acres of HIGHLY sought after High Density Mixed Use GOLD!! This parcel is zoned for up to 75 residential units, and is right across the street from freshly completed "City North" a 98 unit luxury apartment complex. AADT of over 20k makes this piece highly desirable for retail, or residential development. This is 5 seperate legal parcels, so the lot lines can be shifted to maximize commercial density or the assemblage could potentially be rezoned to take full advantage of 3 road fronts and access points! There are currently two business leasing out small office/retail spaces, and a SFR that is also generating rental income. Reach out to one of our Accredited Land Consultants today for more information!

Additional Details

Additional Info

Road Type: Asphalt
Road Frontage: County Road
Current Use: Commercial, Investment, Mixed Use
Possible Use: Commercial, Development, Investment, Mini Storage, Mixed Use, Multi-Family, Residential

Financial

Listing Terms: Contract, Conventional, Owner May Carry

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Philip Ross
Philip Ross
Broker, Accredited Land Consultant

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Philip Ross
Broker, Accredited Land Consultant
Co Representative(s)
Cory Parker
Ross And Co. Real Estate Partners
Lawrence Bonck
Ross And Co. Real Estate Partners
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