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7227 W Highway 98
Pensacola, FL 32506
+/-1.15 Acres Vacant Commercial Land · Land For Sale · 1.14 AC

INVESTMENT HIGHLIGHTS

  • Blocks from Pensacola Naval and VA Hospital's.
  • Zoned C-1, prime for restaurant or retail location.
  • Located near MWR Sports Complex and Pensacola State College.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Fast Food
  • Restaurant
Total Lot Size 1.14 AC
Zoning Com

DESCRIPTION

Pensacola, FL Market Overview: The Pensacola market has experienced explosive growth in recent years due to the high population growth and strong median income. The strong economy and tourism has fueled the housing and retail demand in Pensacola over recent years. Pensacola benefits from the financial sector employment including Navy Federal Credit Union which recently announced expansion plans to double its workforce by 2020 and employment total to more than 10,000. The government has a substantial presence in the metro with more than 23,000 military and civilian personnel employed at NAS Pensacola, located just miles from the site. There have been several new developments in the immediate vicinity with the brand new Perdido Urgent Care and new retail developments minutes to the site. The property is close proximity to the core retail trade area, the airport, hospital, University of West Florida, NAS Pensacola, Whiting Field Naval Base, and the beautiful tourist beach destinations such as Perdido Key, Pensacola Beach, Gulf Breeze, and Navarre Beach.

PROPERTY TAXES

  • Listing ID: 18279042

  • Date on Market: 1/23/2020

  • Last Updated:

  • Address: 7227 W Highway 98, Pensacola, FL 32506