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100 Chaseville St - Huge commercial lot near NAVY BLVD

3.52 Acres of Commercial Land Offered at $620,000 in Pensacola, FL 32507

Investment Highlights

  • 25 Dwelling Units Per Acre.
  • Sewer is Available
  • X Flood Zone

Executive Summary

Pensacola's MSA provides N/S and E/W connectivity with it's 2 Federal Interstates, 3 Federal Highways and 8 State Highways. Additional infrastructure includes Pensacola International Airport, Direct Rail with CSX Transportation, Genesee & Wyoming, and the Port of Pensacola. According to the Florida West Economic Development Alliance, "The Department of Defense (DoD) is the largest economic engine in Greater Pensacola, with more than $7.8 billion in total economic impact. Greater Pensacola Region is home to Naval Air Station (NAS) Pensacola, Saufley Field, Corry Station, Naval Hospital Pensacola and Whiting Field. The Greater Pensacola area is home to more than 35,000 military retirees—the second largest concentration in the nation."

Attachments

Brochure

Property Facts

Price $620,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Apartment Units
  • Self Storage
  • Warehouse
Total Lot Size 3.52 AC

1 Lot Available

Lot

Price $620,000
Price Per AC $176,136
Lot Size 3.52 AC

3.52 Acres zoned Heavy Commercial and Light Industrial with a Future Land Use of Commercial located at the corner of Chaseville St and Melburn Ave in the Warrington Overlay of Unicorporated Escambia County.

Description

3.52 Acres of HC/LI zoned land in Escambia County, Pensacola Florida. Future Land Use of Commercial allows for the development of up to 25 Dwelling Units Per Acre according the the Escambia County Land Development Code. FEMA maps confirmed the property is within an X Flood Zone. Located at the corner of Chaseville and Melburn Ave, the property's proximity to Downtown Pensacola, I-110, NAS Pensacola and Beaches makes this site highly desireable for development. Melburn Ave was recently paved and with County Approval Only, could be vacated with easement access given to adjoining parcels for added acerage to the site. The parcel adjoins ECUA's property which gives this site availability for sewer access. Demographics within a 5 mile radius include a Total Population of 118,735 with an Average House Hold Income of $51,527

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-2S-30-3000-000-000
Land Assessment
$80,484
Improvements Assessment
$0
Total Assessment
$80,484

zoning

Zoning Code HC/LI (Highway Commercial)
HC/LI (Highway Commercial)
  • Listing ID: 30999934

  • Date on Market: 2/20/2024

  • Last Updated:

  • Address: 100 Chaseville St, Pensacola, FL 32507

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