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    Us-90 Pace, FL 32571

    For Sale
    $650,000

    Hwy 90 lot, high visibility, 0.91 acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 0.91-acre commercial land parcel presents a unique investment opportunity in Pace, Florida. Situated directly on Highway 90, boasting 33,000 average annual daily traffic, this property offers exceptional visibility and exposure. Its strategic location within the Pace Crossings Trade Area, adjacent to a Lowe's, makes it ideal for a variety of commercial uses, including restaurants, offices, retail establishments, or tourism-related businesses. The property is zoned HCD, providing flexibility for development. Pace's thriving community benefits from its proximity to major Naval Air Stations (NAS Pensacola and NAS Whiting Field), resulting in a significant military presence and substantial population. This prime location offers easy access to both Pensacola and Milton, enhancing its appeal and potential for strong returns. The property's APN is 13-1N-29-0000-05700-0000. The asking price is $650,000.

    Property Features for 0 Us-90

    General Information

    Property type
    Land
    Lot Size
    39,640 SF

    HighLights

    • 0.91‑acre commercial lot in Pace, FL, directly on Highway 90 with 33,000 AADT, offering high visibility.
    • Located in the Pace Crossings Trade Area, adjacent to a Lowe's, suitable for various commercial uses.
    • Zoned HCD, near NAS Pensacola and NAS Whiting Field, providing access to a strong military population base and proximity to Pensacola and Milton.
    • Asking price: $650,000; APN: 13‑1N‑29‑0000‑05700‑0000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pace
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.107753439082
    Latitude
    30.60305894224

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    FAQs

    What type of property is this?
    Land - Hwy 90 lot, high visibility, 0.91 acres
    Where is this land located?
    The property is located at Us-90 Pace, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 0.91-acre commercial lot in Pace, FL, directly on Highway 90 with 33,000 AADT, offering high visibility.; Located in the Pace Crossings Trade Area, adjacent to a Lowe's, suitable for various commercial uses.; Zoned HCD, near NAS Pensacola and NAS Whiting Field, providing access to a strong military population base and proximity to Pensacola and Milton.
    (850) 977-6991
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    Us-90 Pace, FL 32571
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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
    Us-90 Pace, FL 32571
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