Commercial Land
1699 South Highway 29 Cantonment, FL 32533
Details & Description
Price: $4,000,000
    UNDER CONTRACT- 6/29/23 The subject property is a 99.45-acre vacant land tract that is well placedon HWY 29 N. with over 1,707 feet of frontage, providing superior access and visibility. Perfect for multi-family / mixed-use development. The property is zoned LDMU on front 58.95 AC and MDR on rear 40.50 AC.The property is located in the fastest-growing area of Pensacola. Nine Mile Road is a major east/west artery in North Pensacola. Escambia County anticipated the booming growth in the area by implementing the now completed $46 million dollar road project that widened Nine Mile Rd to 4 lanes from Beulah Rd to U.S. 29 and addressed drainage and school infrastructure throughout the area.LDMU Zoning allows for 7 units per acreMDR Zoning allows for 10 units per acre The property is located in the fastest-growing area of Pensacola. Nine Mile Road is the major east/west artery in North Pensacola. Escambia County anticipated the booming growth in the area by implementing a road $46 million dollar project that is widening Nine Mile Rd to 4 lanes from Beulah Rd to U.S. 29 and addressing drainage and school infrastructure throughout the area the project was completed in 2021. 
    Property Highlights
    Additional Photos
    Listing Agents
    John Griffing

    O: 850-287-0117
    M: 850-450-5126
    jgriffing@naipensacola.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1699 South Highway 29

    Cantonment, FL 32533

    No Longer Listed
    • 1699 South Highway 29 Cantonment, FL 32533 | for Sale | Photo 1
    • 1699 South Highway 29 Cantonment, FL 32533 | for Sale | Photo 2
    • 1699 South Highway 29 Cantonment, FL 32533 | for Sale | Photo 3
    • 1699 South Highway 29 Cantonment, FL 32533 | for Sale | Photo 4
    1699 South Highway 29 | for Sale | Thumbnail 1
    1699 South Highway 29 | for Sale | Thumbnail 2
    1699 South Highway 29 | for Sale | Thumbnail 3
    1699 South Highway 29 | for Sale | Thumbnail 4
    Price
    $ /mo
    Property Highlights
    Well Placed Large Land Tract on Hwy 29
    Close Proximity to Major Employers Navy Federal, International Paper and Ascend
    Great School District
    Highly Sought After Area for Homebuyers
    Perfect for Mixed Use Development
    Property is Zoned LDMUU on the Front 58.95 AC and MDU on Rear 40.50
    Description

    UNDER CONTRACT- 6/29/23

    The subject property is a 99.45-acre vacant land tract that is well placed

    on HWY 29 N. with over 1,707 feet of frontage, providing superior access and visibility. Perfect for multi-family / mixed-use development. The property is zoned LDMU on front 58.95 AC and MDR on rear 40.50 AC.

    The property is located in the fastest-growing area of Pensacola. Nine Mile Road is a major east/west artery in North Pensacola. Escambia County anticipated the booming growth in the area by implementing the now completed $46 million dollar road project that widened Nine Mile Rd to 4 lanes from Beulah Rd to U.S. 29 and addressed drainage and school infrastructure throughout the area.

    LDMU Zoning allows for 7 units per acre

    MDR Zoning allows for 10 units per acre The property is located in the fastest-growing area of Pensacola. Nine Mile Road is the major east/west artery in North Pensacola. Escambia County anticipated the booming growth in the area by implementing a road $46 million dollar project that is widening Nine Mile Rd to 4 lanes from Beulah Rd to U.S. 29 and addressing drainage and school infrastructure throughout the area the project was completed in 2021. 

    Attachments & Files

    Cantonment Area Market Trends

    Listing Demographics for 1699 South Highway 29 Cantonment, FL 32533

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,67422,65756,036
    Population Median Age434241
    Population by Age0-9 Yrs245 (9%)2058 (9%)6024 (10%)
    10-19 Yrs360 (13%)3114 (13%)7075 (12%)
    20-29 Yrs219 (8%)2199 (9%)6797 (12%)
    30-39 Yrs332 (12%)2715 (11%)6756 (12%)
    40-49 Yrs358 (13%)3146 (13%)7449 (13%)
    50-59 Yrs453 (16%)3385 (14%)7969 (14%)
    60-69 Yrs348 (13%)2961 (13%)7023 (12%)
    70+ Yrs360 (13%)3078 (13%)6944 (12%)
    Median HH Income$84,442$73,643$63,308
    Total Household Income< 24K117 (11%)1093 (12%)3288 (15%)
    25-49K162 (16%)1735 (20%)5103 (23%)
    50-74K132 (13%)1544 (17%)4218 (19%)
    75-99K217 (22%)1732 (20%)3685 (17%)
    100-199K284 (28%)2005 (23%)4452 (20%)
    200K+74 (7%)479 (5%)876 (4%)
    Highest Education LevelNo Diploma15810212654
    Diploma or GED441421710463
    Some College44136239869
    Assoc. Degree22321125377
    Bachelors Degree41737577710
    Higher Degree28016353649
    Total Housing Units1,0309,25423,899
    --Owner-Occupied8517,22316,623
    --Renter-Occupied1341,3645,000
    Owner-Occupied Values< 100K8610323800
    100-199K42437187558
    200-299K23517013597
    300-399K715101047
    400-499K968192
    500K+27194429
    Total Working Age Population2,24218,83246,122
    In Work Force1,34411,17628,371
    Not In Work Force8997,65617,752
    Workforce Employed1,32710,70326,738
    Workforce Unemployed143921,411
    Civlian Workforce1,34111,09528,149
    Military Workforce381221
    Total Households9858,58721,622
    Family Households7475,96014,166
    Non-Family Households2382,6277,456
    Married Couple5704,77110,967
    Other Family1771,1903,199
    Married w/Child1431,3773,272
    Single Male w/Child20115273
    Single Female w/Child26260704

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Alabama4,447,100+74,779,736+34,940,253+45,124,380
    Baldwin County140,415+30182,265+22222,554+18261,777
    Florida15,982,378+1818,801,310+1421,517,610+1324,340,457
    Escambia County294,410+1297,619+9324,438+7347,558
    Santa Rosa County117,743+29151,372+21182,635+18214,693

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1699 South Highway 29 in Cantonment?
    The asking price for 1699 South Highway 29 is $4,000,000
    How much land does the Cantonment, FL property at 1699 South Highway 29 include?
    1699 South Highway 29 in Cantonment includes 99.450 acres of land
    What kind of Land is the propery at 1699 South Highway 29?
    The property at 1699 South Highway 29 Cantonment, FL 32533 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 1699 South Highway 29 in Cantonment?
    The population within 1 mile of 1699 South Highway 29 Cantonment, FL 32533 is 2,674 people.
    Who do I contact for questions about 1699 South Highway 29?
    You should contact the listing agent, John Griffing, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Destin-Ft Walton Beach Airport (VPS) 46
    Mobile Regional Airport (MOB) 57
    Gulfport Biloxi International Airport (GPT) 106
    --
    No Longer Listed
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Electrical Contractor •
    Coastal Blue Electric logo
    New or existing work, get a quote!
    • Painting Contractor •
    Fresco Painting LLC logo

    Share
    Other property types near Cantonment, FL