700 N blk 29 highway Cantonment, FL 32533

This 4.33-acre commercial land parcel is located in Cantonment, Florida. The property features over 900 feet of frontage on US Highway 29, offering visibility and accessibility. Situated at the southwest corner of the intersection of US Hwy. 29 and Well Line Road, this property benefits from two existing access points to the four-lane highway, with one slated for a traffic light installation as part of the Escambia County Well-Line Road expansion project. Approximately 3 acres are comprised of dry, buildable land, easily divisible into two roughly 1.5-acre lots (65,000 sq ft each). The property's location is at the ingress/egress point of a planned 800-acre commercial/residential development. The northern border fronts Well Line Road, the planned primary access route to Highway 29 for this expansive development. The area features numerous existing residential communities, with additional developments planned and underway. US Highway 29 provides direct connection to Pensacola, the coast, northern Escambia County, Alabama, and Interstate 65. The seller will consider dividing the lot as described or leasing the land with a minimum 15-year term. The total rentable square footage is 189,054 sq ft.