New Construction
Address
1026 W 9 Mile Rd Pensacola, FL
Price
$ 1,200,000
Property Attributes
  • MLS#593105
  • TypeCommercial
  • CountyESCAMBIA
  • CityPensacola
  • AreaEscambia
  • Zip32534
  • StyleLand
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.53 Acres
Listing Provided Courtesy Of:
SVN Southland Commercial Real Estate
Data Source:
Pensacola Association of REALTORS® (PARMLS)
Property Description

The Nine Mile Road corridor is poised for major growth in the coming years. Navy Federal Credit Union is under a massive expansion of its Beulah campus. This long-range expansion plan promises to create a $1 billion campus with as many as 10,000 jobs by 2020. Next door, officials with the Greater Pensacola Chamber have hammered out a plan to construct a massive, shovel-ready commerce park on land currently owned by the U.S. Navy. The plan, which would take at least two years to complete, is calculated to take advantage of a $600 million expansion of Airbus at Mobile’s Brookley Field. The plan’s architects believe the park, strategically located near Interstate 10 and the Alabama state line, would become a magnet for aerospace subcontractors and could generate 4,000 to 8,000 new jobs. This 3.53-acre property is located on the north side of Nine Mile Road, also known as Highway 90 in Pensacola, Florida. This is the major east west thoroughfare in North Pensacola. This property is located between Interstate 10 and Highway 29 (within two miles of both), which allows access to most anywhere in Pensacola within fifteen minutes. Over the last few years, this area has experienced tremendous growth with both residential and commercial developments. Nature Trail is a high end gated community located 3 miles west of this property. The development consists of 770 acres containing 659 single family lots. Over 250 existing homes, another 100 under construction with an additional 13 building permits reviewed each week. Nine Mile Road is funded for expansion to four-lanes, which is currently under construction. This will expand the infrastructure directly in front of this site.

Price History
7/13/2021 Listed $953,000

General Features

Building Area Units Square Feet
Building Name Desirable 3.53 Acre High Visibility Site Pensacola
City Pensacola
County Escambia
Current Use Multi-Family
Days on Market 169
Directions Frontage along the north side of Nine Mile Road/Highway 90 between Bowman Avenue and Cove Avenue.
Listing Agent Name Michael Carro
Lot Size Square Feet 153766.8
Property SubType Land
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name 9 Mile Rd

Interior Features

Living Area Units Square Feet

Exterior Features

Frontage Length 220
Lot Size Acres 3.53
Lot Size Area 3.53
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32534

Price
AVG $1.08M
$1.2M
Visits
AVG 73
30
Walkscore
AVG 33
14
Data Provided by Walkscore ® not using MLS data

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