9701 Chemstrand Rd Pensacola, FL 32514
- Commercial real estate
- 7.05 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9701 Chemstrand Rd
- Lot size
- 7.05 lot acres
- Property type
- Commercial real estate
Description
This exceptional 7.05-acre commercial and residential land parcel is ideally located at 9701 Chemstrand Rd, Pensacola, FL 32514, in Escambia County. Zoned HDMU, it offers significant development potential, with permitted uses including multifamily housing up to 176 units. The property enjoys unparalleled access to major roadways, including easy connections to US Highway 90 ALT, US Highway 29, and Interstate 10, ensuring convenient commutes for residents and employees. Its strategic location places it within minutes of a robust retail sector, featuring prominent stores like Publix, Target, Walmart, and Kohl's. Furthermore, the site benefits from proximity to a substantial concentration of healthcare facilities, encompassing three hospitals with a combined 1,350 beds and nearly 11,500 employees. A strong educational presence is also nearby, with three colleges boasting over 27,400 students and 4,600 employees. The area's extensive employment base includes major employers such as Navy Federal Credit Union, Ascend Performance Materials, and the Ellyson Industrial Park, creating a strong and diverse tenant pool. This prime location, coupled with the high density zoning and excellent infrastructure, presents a compelling opportunity for developers seeking to capitalize on Pensacola's thriving economy and robust population growth. The Ferry Pass retail hub, with its 6.7 million square feet of retail space, is also conveniently located nearby. The site's strategic position offers immediate access to a large and diverse workforce, making it an attractive location for a variety of commercial developments.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pensacola
- County
- Escambia
- State
- Florida
- Longitude
- -87.2627175
- Latitude
- 30.5369556