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    4710 Jerry Dr Pace, FL 32571

    Source: https://www.saltercompany.com
    For Sale
    $1,450,000

    High-growth Pace location, 1.26 acres, US 90 frontage.

    Property size:
    54,450 SF

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    299
    This exceptional 1.26-acre commercial outparcel presents a rare development opportunity in the thriving town of Pace, Florida. Strategically located on US Highway 90, this property boasts significant visibility and accessibility, with over 530 feet of frontage along the highway and an additional 230 feet along Boone Road. The high traffic count of US 90 (34,500 AADT) ensures substantial exposure for any future development. The site's zoning, designated as Highway Commercial Development (HCD), allows for a wide range of commercial uses. This prime location is directly across from Santa Rosa Commons, providing excellent proximity to existing retail and residential areas. Santa Rosa County's impressive growth trajectory, exceeding 24% in the last decade, positions this property for significant long-term value appreciation. The expansive lot size offers ample space for a variety of development projects, catering to diverse business needs. This is one of the last remaining commercial outparcels along this stretch of US 90, making it a truly unique investment opportunity. The total acreage is 1.26+/- acres. The asking price is $1,450,000.

    Property Features for 4710 Jerry Dr

    General Information

    Property type
    Other land
    Square Feet
    54,450 SF
    Price / Square Foot
    $26
    Elevators
    N/A
    Lot Size
    54,450 SF

    HighLights

    • Prime 1.26‑acre commercial outparcel in Pace, FL, ideal for diverse development opportunities.
    • Exceptional US 90 frontage (530'+) and Boone Road access, boasting high traffic counts.
    • Located across from Santa Rosa Commons in rapidly growing Santa Rosa County, FL.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pace
    State
    Florida
    Longitude
    -87.126352
    Latitude
    30.604012

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    FAQs

    What type of property is this?
    Land - High-growth Pace location, 1.26 acres, US 90 frontage.
    Where is this land located?
    The property is located at 4710 Jerry Dr Pace, FL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Prime 1.26-acre commercial outparcel in Pace, FL, ideal for diverse development opportunities.; Exceptional US 90 frontage (530'+) and Boone Road access, boasting high traffic counts.; Located across from Santa Rosa Commons in rapidly growing Santa Rosa County, FL.
    (850) 501-9101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4710 Jerry Dr Pace, FL 32571
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