9 Acre Development Opportunity
9.06 Acres of Commercial Land Offered at $3,000,000 USD in Pensacola, FL 32514
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,000,000
- Property Type
-
Land
Listing Contacts
Susan Carroll
Verified Profile
- Property Info
Property Overview
This 9-acre parcel is located just off of University Parkway between Davis Highway and Nine Mile Road. This is a great location for a medical office, senior living, multifamily or other uses. Current zoning is COM (commercial) and HDMU (high density mixed use) and allows for 25 units per acre. Future land use is MU-U (mixed use urban).
Access is from Johnson Avenue, just west of the lighted intersection of University Parkway. Additional access to the property is possible from University Parkway with the purchase of an additional parcel listed by another broker.
The property on the corner of University Parkway and Johnson Ave. has been purchased by Harvester's Federal Credit Union and will become their headquarters and a credit union branch. This development will open up the visibility for this property from University Parkway.
According to a recent wetlands deliniation, there is approximately one acre of wetlands on the property. This is in the general vacinity of a man-made pond on the eastern side of the parcel, which is visible from aerial photographs. A phase I has been conducted and concluded that no further investigation is needed.
There are several homes/structures at the south end of the property that were given no value in the price. However, there are people living there, so PLEASE do not walk the property without contacting the listing agent first.
Access is from Johnson Avenue, just west of the lighted intersection of University Parkway. Additional access to the property is possible from University Parkway with the purchase of an additional parcel listed by another broker.
The property on the corner of University Parkway and Johnson Ave. has been purchased by Harvester's Federal Credit Union and will become their headquarters and a credit union branch. This development will open up the visibility for this property from University Parkway.
According to a recent wetlands deliniation, there is approximately one acre of wetlands on the property. This is in the general vacinity of a man-made pond on the eastern side of the parcel, which is visible from aerial photographs. A phase I has been conducted and concluded that no further investigation is needed.
There are several homes/structures at the south end of the property that were given no value in the price. However, there are people living there, so PLEASE do not walk the property without contacting the listing agent first.
Property Details
- Property Subtype
- Commercial
Highlights
- Across the street from HCA Florida West Hospital
- Future neighboring Tenant, Harvesters Federal Credit Union HQ
- Median Household Income $49,181 within a mile radius
- 14 minute drive to Pensacola Regional Airport
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].