Offering Memorandum

FOR SALE | LAND
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW
500 East Intendencia Street - Lot A | Pensacola, FL 32502
PRESENTED B
BY
Y:
PROPER
PROPERT
TY HIGHLIGHTS
CHRISTOPHER BOUCHARD
Advisor
850.434.7500
[email protected]
FL #SL3149788
RODNEY SUTTON
Developer Opportunity with Water View!
Scarce, Downtown vacant land across from Admiral Mason
Senior Advisor
850.429.8640
[email protected]
FL # BK3216338
Park
STEPHANIE GILBERT
office and/or mixed-use development
Advisor
850.434.7500
[email protected]
FL #SL3269619
Ideal for medium high density residential development,
Zoned Historical Commercial
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
EXECUTIVE SUMMARY
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW | 0.24 ACRES | PENSACOLA, FL
Executive Summary
SALE O
OVER
VERVIEW
VIEW
PROPER
PROPERT
TY DESCRIPTION
SALE PRICE:
$275,000
LOT SIZE:
0.24 Acres
APN #:
000S009001001149
ZONING:
HC-1; Historical
Commercial
CROSS STREETS:
East Intendencia St. &
South 9th Avenue
Recently sold Downtown Pensacola properties are the latest reflections of
the real estate market in Pensacola. This is the final available parcel from
Intendencia St. to Bayfront Pkwy with frontage along 9th Ave. This Lot is a
portion of the larger .67 Acre parcel. The land owner will consider handling
the site prep with drainage, fill dirt along with retaining wall for a fee. The
dimensions are 64' x 160'. Great development opportunity for Medium-High
Density residential development, office and/or mixed use. Minutes away
from Cordova Mall (Northwest Florida's most popular shopping destination),
Sacred Heart Hospital (Pensacola's largest private employer), Pensacola
International Airport, & Pensacola State College. The Cordova Mall submarket
is Pensacola's premier shopping and dining area. Quick access to Interstate
110 which intersects Interstate 10.
Location, Location, Location! Nestled at the end of South 9th Avenue,
between Bayfront Pkwy & Ease Intendencia St., across the street from
Admiral Mason Park. This vacant land is minutes from downtown Pensacola,
Interstate 110 and the Pensacola Bay Bridge. East Government St. is a
business cul-de-sac within the Historical Commercial District of Pensacola in
an area of increasing restoration. The neighboring subject properties are
primarily office use with mixed in residential. Beautiful views of the Escambia
Bay as well as the park.
All SVN® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
2
LOCATION MAPS
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW | 0.24 ACRES | PENSACOLA, FL
Location Maps
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
3
ADDITIONAL PHOTOS
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW | 0.24 ACRES | PENSACOLA, FL
Additional Photos
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
4
DEMOGRAPHICS REPORT
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW | 0.24 ACRES | PENSACOLA, FL
Demographics Report
1 MILE
5 MILES
10 MILES
1,787
34,997
104,196
1.9
2.6
2.6
$55,714
$57,634
$57,470
$221,746
$256,065
$222,568
1 MILE
5 MILES
10 MILES
3,429
91,232
270,728
Media
edian
n age
44.5
38.3
37.6
Media
edian
n age ((male
male))
46.6
36.3
36.1
Media
edian
n age ((ffemale
emale))
42.6
40.0
39.2
Total households
Total per
persons
sons per hh
Aver
erage
age hh inc
income
ome
Aver
erage
age house v
value
alue
Total popula
population
tion
* Demographic data derived from 2010 US Census
All SVN® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
5
DEMOGRAPHICS MAP
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW | 0.24 ACRES | PENSACOLA, FL
Demographics Map
POPULA
POPULATION
TION
1 MILE
5 MILES
10 MILES
TOTAL POPULATION
3,429
91,232
270,728
MEDIAN AGE
44.5
38.3
37.6
MEDIAN AGE (MALE)
46.6
36.3
36.1
MEDIAN AGE (FEMALE)
42.6
40.0
39.2
HOUSEHOLDS & INC
INCOME
OME
1 MILE
5 MILES
10 MILES
TOTAL HOUSEHOLDS
1,787
34,997
104,196
# OF PERSONS PER HH
1.9
2.6
2.6
AVERAGE HH INCOME
$55,714
$57,634
$57,470
AVERAGE HOUSE VALUE
$221,746
$256,065
$222,568
* Demographic data derived from 2010 US Census
All SVN® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
6
ADVISOR BIO & CONTACT 1
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW | 0.24 ACRES | PENSACOLA, FL
Advisor Bio & Contact 1
Christopher Bouchard
Advisor
SVN | SouthLand Commercial
Chris is an Advisor with SVN | SouthLand Commercial
Real Estate which has offices in Pensacola, Panama City and
Tallahassee, FL. He is a Licensed Commercial Real Estate agent in
the state of Florida and has experience representing buyers,
sellers, landlords and tenants.
FL #SL3149788
Phone: 850.434.7500
Cell: 850.206.2140
Email: [email protected]
Address: 120 East Main Street, Suite D
Background:
Chris began his commercial real estate career in 2005. He is a
native Pensacolian who graduated from Pensacola Catholic High
School and went on to earn his degree in Bachelor of Science in
Commerce & Business Administration with a major in
Comprehensive Marketing from The University of Alabama. Chris
has extensive working knowledge in the commercial real estate
industry, primarily focusing on sales and leasing of land, industrial
and investment-grade properties. He has an outstanding track
record and a history of proven success. Chris diligently works on
the behalf of buyers, sellers, landlords and tenants.
Family:
Chris is a husband and father of four dogs. He enjoys hunting, fishing,
golfing, hiking and Alabama football.
Pensacola, FL 32502
All SVN® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
7
ADVISOR BIO & CONTACT 2
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW | 0.24 ACRES | PENSACOLA, FL
Advisor Bio & Contact 2
Rodney Sutton
Senior Advisor
SVN | SouthLand Commercial
Rodney is a Senior Advisor, Broker and a Partner at SVN | SouthLand
Commercial with offices in Pensacola, Panama City and Tallahassee,
FL. He is a licensed commercial real estate broker in Florida
representing buyers, sellers, landlords and tenants while staying
heavily involved with various charities and community organizations.
Background:
For the last ten years, Rodney has been successfully developing
commercial and industrial real estate. Over the course of his career,
he has owned and operated many successful businesses and brings
entrepreneurial spirit and first-hand business experience to any
project benefiting his clients and partners.
FL # BK3216338
Family
Phone: 850.429.8640
Rodney was born and raised in Pensacola, but has lived in Chicago,
Orlando, Tampa and Atlanta. He has been ‘back home’ in Gulf Breeze
for 14 years with his wife of 16 years, Amy Sutton, and their two sons,
Jacob and Blake. He enjoys boating, biking, camping and tailgating. He
is proud to serve as the Scoutmaster of the Boy Scouts of America’s
Troop 11 in Gulf Breeze.
Cell: 850.777.6630
Email: [email protected]
Address: 120 East Main Street, Suite D
Pensacola, FL 32502
All SVN® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
8
ADVISOR BIO & CONTACT 3
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW | 0.24 ACRES | PENSACOLA, FL
Advisor Bio & Contact 3
Stephanie Gilbert
Advisor
SVN | SouthLand Commercial
Stephanie is an Associate Advisor with SVN | SouthLand Commercial
Real Estate which has offices in Pensacola, Panama City and
Tallahassee, FL. She is a licensed in real estate in the state of Florida
and has experience representing buyers, sellers, landlords and
tenants.
Stephanie has lived in Pensacola since 1989. She started her
commercial real estate career in 2003. Her background is in real
estate development with much of her experience in retail and office
leasing. She earned a Bachelor of Arts Degree in Advertising and a
Master’s Degree in Business Administration, both from the University
of West Florida.
FL #SL3269619
Stephanie is a wife and mother. Her hobbies include reading and
couponing. She enjoys volunteering and has a passion for helping
children.
Phone: 850.434.7500
Cell: 850.232.6417
Email: [email protected]
Address: 120 East Main Street, Suite D
Pensacola, FL 32502
All SVN® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
9
DISCLAIMER
100K PRICE REDUCTION - DOWNTOWN DEVELOPMENT OPPORTUNITY - WATER VIEW | 0.24 ACRES | PENSACOLA, FL
The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the
property within and is not to be used for any other purpose. This information should not, under any circumstances, be
photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or used
for any purpose whatsoever other than to evaluate the possible purchase of the Property.
The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in
this proposal, and no other person is authorized by the Owner to provide any information or to make any
representations other than contained in this Offering Brochure. If the person receiving these materials does not choose
to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.
Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or
completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise
or representation as to the future representation of the Property. This Offering Brochure may include certain statements
and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can
be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all
liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or
any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to
rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real
Estate Purchase Agreement between it and Owner.
The information contained herein is subject to change without notice and the recipient of these materials shall not look
to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,
for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct
their own comprehensive review and analysis of the Property.
This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly
reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and
expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time
with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering
Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real
Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a
prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the
SVN Advisor from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser
should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase
Agreement shall bind the property and each prospective purchaser proceeds at its own risk.
All SVN® Offices Independently Owned & Operated.
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.