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    5436 highway 90 Pace, FL 32571

    Sponsored
    Source: https://www.saltercompany.com
    For Sale
    $1,100,000

    Prime Pace, FL commercial acreage. Build-ready with retention. High visibility.

    Property size:
    100,188 SF

    Property Features for 5436 highway 90

    General Information

    Property type
    Other land
    Square Feet
    100,188 SF
    Price / Square Foot
    $10
    Elevators
    N/A
    Lot Size
    100,188 SF

    Overview

    Pace, FL Commercial Land Parcel

    Located at 5436 Highway 90 in Pace, Florida, this 2.3-acre commercial land parcel offers a business opportunity with high visibility and accessibility due to its location on a major corridor. The property is build-ready, featuring existing retention and deceleration lanes. Public sewer is connected, with a grinder pump in place. Situated in a growing community, this property offers potential for commercial ventures. This parcel is one of the few remaining available on Highway 90 within this retail area.

    We can help!

    Listing Contact
    Athanasios (saki) Filios

    Learn more

    Property Insight Report

    HighLights

    • 2.3 acres of build‑ready commercial land in Pace, Florida.
    • High visibility on Highway 90, a major corridor with high traffic.
    • Existing retention, deceleration lanes, and public sewer significantly reduce development costs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pace
    State
    Florida
    Longitude
    -87.0965
    Latitude
    30.603604

    Nearby Comparable

    • $1,100,000

      Highway 90 Commercial Land

      Commercial land on Highway 90 in Pace, Florida.
      5436 Highway 90, Pace, FL 32571
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    • $500,000
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      Highway Commercial Land For Sale

      1.7 acres of highway commercial land in Pace, Florida.
      5392 Highway 90, Pace, FL 32571
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      9 SF

      Pace Florida Outparcel on Hwy 90

      Approximately 10-acre outparcel on Hwy 90 in Pace, Florida.
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    • $899,000

      Commercial Land in Growing Pace

      Commercial development opportunity in a prime location of Pace, Florida.
      5321 Highway 90, Milton, FL 32571
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    • $899,000
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      Prime Land in Pace, FL

      2.4+/- acres in a rapidly growing Pace corridor.
      5321 Us Hwy 90, Pace, FL 32571
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      60 Acres of Land Parcels

      60 acres of land parcels accessible from multiple roads.
      5560 Cummings Rd, Milton, FL 32583
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    • $650,000
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      Prime Pace Commercial Land

      Hwy 90 lot, high visibility, 0.91 acres
      0 Us-90, Pace, FL 32571
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      1.21 Acres

      Prime Pace Commercial Land

      1.21 Acres, US-90 Frontage
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    • $2,995,000
      6.66 Acres

      Prime Pace Commercial Land

      6.66 Acres, Shovel-Ready, Hwy 90
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    • $999,999

      Highway 90 Commercial Land

      2.93 acres of commercial land with highway frontage.
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    Nearby Similar for Sale

    • $399,995
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      Commercial Property Ready For Adaptation

      Former residence rezoned commercial, ready for adaptation and various uses.
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      Pace Mixed-Use Investment Opportunity

      Two-story mixed-use building with commercial and residential units.
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    • $849,000
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      Pace Retail Pad Site - Highway 90

      Prime .77-acre pad site; build up to 5,400 SF.
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      View Details
    • Contact for pricing
      1,478 SF

      Pace Home with Three Bedrooms

      Three-bedroom home in Pace, close to amenities and recreation.
      3744 Legend Creek Dr, Pace, FL 32571
      View Details

    FAQs

    What type of property is this?
    Land - Prime Pace, FL commercial acreage. Build-ready with retention. High visibility.
    Where is this land located?
    The property is located at 5436 highway 90 Pace, FL.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 2.3 acres of build-ready commercial land in Pace, Florida.; High visibility on Highway 90, a major corridor with high traffic.; Existing retention, deceleration lanes, and public sewer significantly reduce development costs.
    (850) 564-0120
    Request Owner's contact information
    5436 highway 90 Pace, FL 32571
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    Pace, FL 32571
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    5436 highway 90 Pace, FL 32571
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    We can help!
    Listing Contact
    Athanasios (saki) Filios
    (850) 564-0120
    Learn more
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