98 & Blue Angel Pkwy Pensacola, FL 32506

This exceptional ±100-acre development opportunity in Pensacola, Florida, presents a rare chance to capitalize on the area's booming growth. Strategically located at the highly visible intersection of Highway 98 and Blue Angel Parkway, this expansive site offers unparalleled access and visibility. Comprising several parcels totaling between 27 and 45 acres (with the possibility of acquiring additional acreage), the property is zoned HC/LI & HDMI, allowing for diverse development options. Ideal for mixed-use projects, including retail, hospitality, multi-family residential, and other commercial uses, this location benefits from its proximity to key attractions such as the Pensacola International Airport, University of West Florida, NAS Pensacola, and Whiting Field Naval Base, as well as popular beaches like Pensacola Beach and Perdido Key. The strong local economy, fueled by tourism and population growth, creates a high demand for housing and retail space. The seller will consider subdividing the property, and the billboard leases and mineral rights are reserved. This is a premier development site in Northwest Florida, presenting an exceptional investment opportunity. Parcel IDs include 182S311301000001 and a portion of 222S311101000000. Lease expiration is November 21, 2023.