Search Land - 11 Acres - High Density and Heavy Commercial / Light Industrial
11 Acres - High Density and Heavy Commercial / Light Industrial
$2,400,000
9200 Fowler Ave, Pensacola, FL
Status: Active
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Property Type
Commercial Acreage
Acreage
11 acres
County
Escambia, FL
Format
Sale
Virtual Tour
View
Features
Development Potential
List Date
Jul 13, 2024
Documents
N/A
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.