479 Creighton Rd Pensacola, FL 32504
This exceptional 1.29-acre commercial land parcel in Pensacola, Florida, presents a remarkable investment opportunity. Located at 479 Creighton Rd, 32504, this property boasts a highly desirable location directly across from University Town Plaza, a thriving retail center anchored by BJ's Club, Burlington, Academy, JC Penney, Cheddar's, Bubba Gump Shrimp Co., and Jim 'n Nick's BBQ. The site is an outparcel of two Marriott hotels, offering excellent visibility and accessibility. Zoned HC-LI, it permits most retail uses, excluding hospitality. The property features convenient access to both Burgess Road and Creighton Road, with an off-site retention pond. Its strategic location offers unparalleled exposure to significant traffic volumes, with 13,500 vehicles daily on Creighton Road and 42,500 on Davis Highway. Furthermore, its proximity to the I-110 and I-10 on-ramp provides easy access to major transportation arteries. The property's APN is 301S306102000000. This vacant land offers 100% usable space and represents a rare chance to establish a thriving business in a high-demand retail area. Asking price is $950,000.
Cap rate
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Property description
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