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0 HWY 98Pensacola, FL 32506

$4,644,500
Vacant Land
Status: Active
  • Sqft:
  • Lot:1,017 sq ft
  • MLS#: 556169
30.401058197021484-87.330268859863281
Courtesy Of Berkshire Hathaway HomeServices PenFed Realty

Description:

Prime 1,000+ acre development site available in the heart of Pensacola, Florida. The site is one of the largest and best commercial, mixed use, and residential development sites available in Northwest Florida and the Gulf Coast. The property consists of several parcels on the north and south side of Hwy 98 at the signaled intersection of Blue Angel Pkwy and Hwy 98. The site is centrally located in the booming Pensacola MSA and is the ideal location for a mixed-use retail, hotel, multi-family, and residential development. The property has excellent visibility and access along the highly trafficked Hwy 98 which serves as the major arterial in NW Florida and stretching all the way to Alabama and southern Florida. The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The strong economy and tourism has fueled the housing and retail demand in Pensacola over recent years. Pensacola benefits from the financial sector employment including Navy Federal Credit Union which recently announced expansion plans to double its workforce by 2020 and employment total to more than 10,000. The government has a substantial presence in the metro with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. There have been several new developments in the immediate vicinity with the brand new Perdido Urgent Care across the street and a newly built strip center adjacent to the site. The property is close proximity to the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and the beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach. The acreage is zoned Heavy Commercial Light Industrial (HC/LI) and High Density Mixed Use (HDMU) which allows for a wide variety of commercial and residential uses. The density allowed varies on the proposed use and site

Main Features:

Listing Status Active School District PLEASANT GROVE
School District2 BAILEY School District3 ESCAMBIA
County Escambia Rental Price $0

Additional Features:

Access Road EASEMENTS
HOA $0.00
Lot Location CORNER
Present Use AGRICULTURAL
COMMERCIAL
MOBILE HOME
MULTI-FAMILY
OTHER USE
Sewer PUBLIC SEWER
Showing Instructions VACANT
Topography LEVEL
ROLLING
WETLANDS
Vegetation/Mineral Rights NO MINERAL RIGHTS
Water Public Water
Zoning COUNTY
INDUSTRIAL

Extra Features:

Price Per SQFT 4566.86 Tax ID 182S311301000001
Total Acres 1017

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Pensacola Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies.
Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.
Copyright© 2019 Pensacola Association of REALTORS®, Inc. All Rights Reserved.
Last Updated On: 11/22/2019 8:22:40 PM

0 HWY 98, Pensacola, FL 32506

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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Pensacola Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies.
Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.
Copyright© 2019 Pensacola Association of REALTORS®, Inc. All Rights Reserved.
Last Updated On: 11/22/2019 8:22:40 PM

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