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    6600 Chumuckla Hwy Pace, FL 32571

    Sponsored
    For Lease
    $2.00 SF/Yr

    Prime Retail Land, 0.73 Acres

    Lot size:
    31,799 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 0.73-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing Santa Rosa County, Florida. Located in a thriving retail submarket, this wooded vacant lot offers unparalleled potential for diverse development projects. Envision a retail center, office complex, residential development, medical facility, or a dynamic mixed-use project. The property's strategic location boasts proximity to key amenities, including a Publix, Piggly Wiggly, Wallace Lake K-8 school, the University of West Florida, and a newly opened Starbucks. Further enhancing its appeal, a Walmart is slated to open soon just 4.3 miles away. This prime location within Santa Rosa County, a rapidly expanding community with a 2023 population of 203,162, ensures high visibility and accessibility. The single-tenant zoning provides flexibility for a variety of development plans, making this a truly exceptional opportunity for investors seeking high-growth potential in a desirable Northwest Florida location. The land is currently available for ground lease. This is a rare chance to secure a significant piece of land in a booming area with excellent infrastructure and a strong local economy. Don't miss this chance to capitalize on the growth and potential of this prime commercial property.

    Property Features for 6600 Chumuckla Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,799 SF

    Unit(s) available at that property

    Space
    Size
    31,799 SF
    Rate per SF
    $3

    HighLights

    • 0.73‑acre commercial land parcel in Santa Rosa County, FL.
    • Single‑tenant land suitable for retail, office, housing, medical, or mixed‑use development.
    • Located near Publix, Piggly Wiggly, Wallace Lake K‑8 school, University of West Florida, and a new Starbucks.
    • Situated in a rapidly growing area of Northwest Florida; a Walmart is planned nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Kitchen & Bath Food Market Garden Center Electrical Service Shopping Mall Home Appliance Store Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Pace
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.18015
    Latitude
    30.677532

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    FAQs

    What type of property is this?
    Land - Prime Retail Land, 0.73 Acres
    Where is this land located?
    The property is located at 6600 Chumuckla Hwy Pace, FL.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: 0.73-acre commercial land parcel in Santa Rosa County, FL.; Single-tenant land suitable for retail, office, housing, medical, or mixed-use development.; Located near Publix, Piggly Wiggly, Wallace Lake K-8 school, University of West Florida, and a new Starbucks.
    Request Owner's contact information
    6600 Chumuckla Hwy 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
    6600 Chumuckla Hwy Pace, FL 32571
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