$2,010,000
$2,500,000
19.6%For more information regarding the value of a property, please contact us for a free consultation.
3850 N Davis Highway Pensacola, FL 32503
4.71 Acres Lot
Key Details
Sold Price $2,010,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 800871
Sold Date 01/07/19
Lot Size 4.710 Acres
Acres 4.71
Property Description
Current use is 50,180 SF Neighborhood Shopping Center. The facility was renovated in 2006 and features 4.71 AC+/- positioned on the Southeast quadrant of the I-110/Fairfield Drive Exit. The subject property is a hard corner land tract, favorably zoned C-1 with a signalized light at the Davis exit and again at the intersection of Fairfield Drive & Davis Hwy. Median Cut, Decel Lanes and 4 Driveways allow superior access. The asphalt parking lot is in good condition, the building is a block structure with a brick and glass storefront faade. The units have 10FT Ceilings height, front and rear entrances, some units have roll up doors with loading docks. * 2017 Total Income- $216,779.09 * Under performing center with a lot of upside potential and out parcel possibilities.
Location
State FL
County Escambia
Area 08 - Escambia County
Zoning C-1
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Bought with Nai Halford