Corner Lot Development
700 N blk 29 Hwy, Cantonment, FL
Call to check price and availability
4.5 acre corner lot for commercial/residential development.
Type:LAND
Lot size:
4.33 Acres- Added:
- Dec 2, 2011
- Days on Market:
- 5276
- Last Refresh:
- Apr 5 at 8:47 pm
Property Features for 700 N blk 29 Hwy
General Information
- Standard status
- Active
- Lot size
- 4.33 Acres
- Property subtype
- LAND
Properties For Sale
at 700 N blk 29 Hwy Contact usListing agent Chris Green, Jr (850) 316-7160
Listing office Coldwell Banker Commercial Realty (850) 316-7160
Listing date Dec 2, 2011
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Realty
HighLights
- Corner lot at ingress/egress point for planned 800‑acre commercial/residential development.
- Over 900 ft. of frontage on Hwy. 29 with access to all four lanes of traffic.
- Slated traffic light installation as part of Escambia County's Well‑Line Road expansion project.
- High traffic volume: 24,332 daily on Hwy. 29.
- Highway 29 expansion plan from four to eight lanes to support the Beulah Expressway I‑10 to US‑29 Interchange.
- Roughly 3 acres of dry, buildable land, easily divisible into two lots.
Overview
This 4.5-acre corner lot is positioned at the ingress/egress point for a planned 800-acre commercial/residential development. The property has over 900 feet of frontage on Highway 29 and access to all four lanes of traffic via two existing breaks in the divided highway. One of these breaks is slated to have traffic lights installed as part of Escambia County's Well-Line Road expansion project. The current average FDOT traffic figure for this section of Highway 29 is 24,332 daily. There is a plan to expand this section of Highway 29 from the current four lanes to eight lanes to support the Beulah Expressway I-10 to US-29 Interchange, once approved. The north border fronts on Well Line Rd, which is slated for expansion to provide primary ingress and egress to Highway 29 for the planned 800-acre commercial/residential development on Jack's Branch and the Well-Line Extension. The property consists of roughly 3 acres of dry buildable land and could be easily divided into two lots with roughly 1.5 dry acres (65,000 square feet) each. The north lot on the corner of Highway 29 and Well Line Rd is already cleared. This undeveloped parcel sits at the southwest corner of the intersection of US Highway 29 and Well Line Rd in Cantonment, FL. Overall site visibility is unrestricted. There are a large number of existing residential communities in the area and additional developments are both planned and underway. US Highway 29 is a divided 4-lane artery connecting Pensacola and the coast to the northern part of Escambia County, AL, and Interstate 65. The property is zoned HC/LI.
Location Intelligence
Current Use by Public Records
Commercial land
Map
- City
- Cantonment
- County
- Escambia
- State
- Florida
- Longitude
- -87.364
- Latitude
- 30.5971
Nearby Similar for Sale
FAQs
What type of property is this?
Land - 4.5 acre corner lot for commercial/residential development.
Where is this land located?
The property is located at 700 N blk 29 Hwy Cantonment, FL.
What is the asking price?
The asking price for this property is $779,400.
What are key features of this property?
This property features: Corner lot at ingress/egress point for planned 800‑acre commercial/residential development.; Over 900 ft. of frontage on Hwy. 29 with access to all four lanes of traffic.; Slated traffic light installation as part of Escambia County's Well‑Line Road expansion project.
