5710 Lillian Hwy Pensacola, FL 32506

Property Details for 5710 Lillian Hwy

Property type

Land

Property subtype

Commercial land

Description

This exceptional 4.6-acre commercial parcel is strategically located at a lighted intersection in unincorporated Escambia County, Pensacola, Florida (zip code 32506), offering significant development potential. The property boasts 476 feet of frontage on Lillian Highway and 390 feet on N 57th Avenue. Escambia County's Land Development Code permits a high-density residential development of up to 25 units per acre, encompassing single-family, two-family, and multifamily dwellings. Retail opportunities are also available, allowing for sales spaces up to 6,000 square feet per lot, including permitted uses such as medical marijuana dispensing facilities and the sale of beer and wine. Buildings can reach a maximum height of 150 feet above the highest adjacent grade. The site benefits from strong demographics, with a total population of 131,322 and an average household income of $66,654 within a 5-mile radius. High traffic volume is ensured by an AADT of 8,200, as reported by FLDOT. The property's convenient location is less than 1.5 miles from US Highway 90, and only 13 miles from Johnson Beach and NAS Pensacola. Priced at $1,135,000, this property presents a compelling investment opportunity in a rapidly growing area.