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Lot 2 Nine Mile
Pensacola, FL 32526
Pathstone Outparcel · Land For Sale · 1.33 AC
Investment Highlights
- ±1.33 AC
- Easy Visibility and Access, with Access to I-10 and Downtown Pensacola
- W. Nine Mile Road Annual Average Daily Traffic: 24,500 (ADT 2019)
- Full Median Cut and Traffic Light has been Approved, with Detention Provided on Site
- I-10 and Exit 5 Annual Average Daily Traffic: 49,997 (ADT 2019)
- 168' Frontage on W. Nine Mile Road & 365' Frontage on Main Entrance to Pathstone Development
Executive Summary
Pathstone is a 219.35 acre, master-planned, mixed-use development that includes a 336-unit, four story, premium rental community (now constructed and leasing), 209 single family lots, and 463 townhouse units now under construction.
Directly across the street from Pathstone is the $2 billion corporate campus of Navy Federal Credit Union. The Navy Federal Credit Union is the largest credit union in the United States with over $125 billion in assets and 9+ million members. The state-of-the-art Pensacola campus is home to 8,500 employees, with that number planned to grow to 10,000 within the next few years.
PROPERTY FACTS Under Contract
1 Lot Available
Lot 2
| Price | £1,185,325 | Lot Size | 1.33 AC |
| Price Per AC | £891,222 |
| Price | £1,185,325 |
| Price Per AC | £891,222 |
| Lot Size | 1.33 AC |
-Ideal for hotel, QSR, C-Store, Bank, Urgent Care, and other Retail -Rectangular shaped with 168' of frontage on W. Nine Mile, retention in place and all utilities nearby (16" Water at street, Sewer at street, 6" gas at street) -AT&T and Cox Cable
Description
• ±1.33 AC • Full Median Cut and Traffic Light has been Approved • Easy Access to I-10 and Downtown Pensacola • Excellent Access and Visibility • I-10 and Exit 5 Annual Average Daily Traffic: 43,028 (ADT 2020) • W. Nine Mile Road Annual Average Daily Traffic: 23,500 (ADT 2020) • 168' Frontage on W. Nine Mile Road • 365' Frontage on Main Entrance to Pathstone Development • Detention is Provided on Site • Ideal for Hotels, QSR's, Convenience Stores, Banks, Urgent Cares, or other Retail
PROPERTY TAXES
| Parcel Number | 10-1S-31-1401-002-002 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £183,415 |
PROPERTY TAXES
zoning
| Zoning Code | COM |
| COM |
