Search Land - 11 Acres - High Density and Heavy Commercial / Light Industrial

11 Acres - High Density and Heavy Commercial / Light Industrial

price

$2,400,000|Listed: Jul 12, 2024

MLS#1220978

location

9200 Fowler Ave, Pensacola, Escambia County, Florida

Status:Under Contract

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Property Type

  • Commercial Acreage

Acreage

11 acres

County

Escambia, Florida

Format

Sale

Features

  • Development Potential

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.

- 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.

Listing Agent

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Philip A. Ross

Co-Op Member Owner

company

Ross and Co. Real Estate Partners

location

Pensacola

Co-Listing Agent

Agents Name: Cory Parker
Office Number: 8508074060
Cell Number: 8505729271
Co-op approved lenders in Escambia County, Florida:
Farm Credit
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