00 GERALD, Pensacola, FL 32507
Commercial property for lease
- Description
- The Military has said that many more personnel are coming to Pensacola so this area of town will just keep growing! This is one of the few larger developable parcels left on Bayou Grande and is perfect for a large estate like the one next door to it or a waterfront high density residential development . About 3/4 of the parcel is in flood zone "X" and with the MDR zoning this 6+ acres could be developed into about 60 dwelling units. It's possible it could be rezoned to a higher density as more rental apartments will be needed in this area of the County and a waterfront rental community should be great in this location! There is County right-of-way access but the road was never built. The Gerald Road County right-of-way continues to the east along the north boundary of the parcel to access the property. Property is wooded and could be transformed into a great waterfront community similar to Hillbrook Townhomes on 9th Ave or a community of patio homes or "Tiny Homes" with community dock. The western property line can be seen from the end of Wade Ave on the other side of the cleared property and home that lies there. The distance from the corner of Wade & Gerald to the northwest corner is about 310 feet. Building price details: $370,000.
- Contact info
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Warren Ted BrownReal Estate Counselors, Inc.
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Price: $ 58,176 +/Acre Lot Size: 6.360 Acres Submarket: Mobile Home Park, Multi-Family, Residential (Single Family) MSA: Pensacola-Ferry Pass-Brent Zoning: MDR Buildings: 1 Terms: Cash to Seller, Purchase Money Mortgage Added: 11/21/2017