+/- 85-Acre Pensacola Development Opportunity
Land | 85 acres
Marketing description
Prime +/- 85-acre development site available in the heart of Pensacola, Florida. The property consists of several parcels on the north 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 near the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.
The owner will consider subdividing the northern as shown on the aerial with breakout pricing. The seller reserves the billboard leases and mineral rights, if any.
Investment highlights
Rare developer opportunity; one of the largest and best-undeveloped sites available in Northwest Florida
Premier development site with over +/- 100 acres available on the north side of Hwy 98 and 915 Acres available on the south side
Excellent mixed-use development site suitable for multi-family, high-density residential, retail, hospitality, a shopping center, restaurants and other commercial uses
Strong median income and population growth have recently helped fuel housing and retail demand in Pensacola
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