East Nine Mile Rd Development Property
Tremendous Development Site- Near Light and Turn Around on E. Nine Mile Rd.
Marketing description
One of Pensacola's most unique Development Properties: Located near the entrance to the Scenic Hills Country Club, this property has a tremendously high traffic count of 41,500 AADT according to FDOT. The property is near the traffic signal light and across from the new Walmart Neighborhood Market. The Northeast Pensacola corridor is seeing robust growth from new subdivisions, apartment complexes, and assisted living facilities. The opportunities for development on this parcel are endless.
Suggested uses could be Medical Complexes, Assisted Living Facilities, Hotels, Restaurant, Car Washes, Bank Buildings, Retail Plazas, and National Retailer Pad Sites.
This property is located just west of the University of West Florida and the Baptist Medical Complex. It is only 10 minutes from Pensacola International Airport, Cordova Mall, and Interstate I-10. New subdivisions and apartments are being developed to support the growing population base and work force from Navy Federal Credit Union, which is only 15-20 minutes west of this property.
Investment highlights
Development land for small to medium size multi-tenant retail center. Class A property.
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