1822 E Johnson Ave, Pensacola, FL 32514

Property Details for 1822 E Johnson Ave

Lot size

9.00 lot acres

Property type

Commercial real estate

Description

This exceptional 9-acre commercial land parcel in Pensacola, Florida, presents a remarkable investment opportunity. Located at 1822 E. Johnson Ave., in Escambia County (zip code 32514), this property boasts a strategic position just off University Parkway, between Davis Highway and Nine Mile Road, offering excellent visibility and accessibility. Currently zoned COM (commercial) and HDMU (high-density mixed use), it allows for a density of 25 units per acre, making it ideal for a variety of developments, including multi-family housing, senior living facilities, or medical offices. The future land use designation is MU-U (mixed use urban), further enhancing its long-term potential. Access is readily available from Johnson Avenue, near the lighted intersection of University Parkway, with potential for additional access from University Parkway via a separate purchase. The recent construction of Harvester's Federal Credit Union headquarters on the corner of University Parkway and Johnson Avenue will significantly improve the property's visibility. A recent wetlands delineation identified approximately one acre of wetlands, primarily near a man-made pond on the eastern side of the parcel. A Phase I environmental assessment has been completed, concluding that no further investigation is required. While several existing structures are located at the property's south end and are not factored into the $3,000,000 asking price, it's crucial to note that these structures are currently occupied, and access to the property should be coordinated beforehand.

Location Insight

City

Pensacola

County

Escambia

State

Florida

Longitude

-87.2218047

Latitude

30.5182799