5710 Lillian Hwy, Pensacola, FL for sale

Investment Overview

High Density Site Available in Unincorporated Escambia County, Pensacola. Located at a lighted intersection, the parcel is comprised of 4.6 Acres with 476 Ft of road frontage on Lillian Hwy and 390 Ft of road frontage on N 57th Ave. New improvements to the area include a new apartment complex to the north east and a proposed new County Library directly to the east of this parcel. Escambia County's Land Development Code allows 25 Units Per Acre. Residential uses within the district include all forms of single-family, two-family and multifamily dwellings. Retail Sales with a gross floor area of 6000 sq. ft. or less per lot are permitted including medical marijuana dispensing facilities, sales of beer and wine. Maximum structure height is 150 Ft above the highest adjacent grade. Demographics within a 5-mile radius of the subject property include a Total Population of 120,798 and an Average Household Income of $67,501. FLDOT reports an AADT of 8,200 and is located less than 1.5 miles to US Hwy 90, with Johnson Beach and NAS Pensacola 13 miles south.

Investment Highlights

• Zoned HDMU. Lighted Intersection. New Apartment Under Construction NE of this site. Proposed County Library Adjacent to this site.