Current Use by Public Records
- Land
Property Details for 5063 Us-90
- Lot size
- 0.94 lot acres
- Property type
- Land
Description
This exceptional 0.94-acre commercial land parcel, located at 5063 US-90 in Pace, Florida (APN 13-1N-29-0000-02500-0000), presents a remarkable investment opportunity. Zoned HCD, this build-ready lot boasts 197 feet of frontage on Highway 90, a major thoroughfare with 34,500 vehicles passing daily, ensuring exceptional visibility. The property is situated in a high-growth area, surrounded by a robust mix of national and regional retailers including Walmart, Lowe's, Home Depot, McDonald's, and many more, all within a one-mile radius. This prime location benefits from its proximity to key economic drivers such as the Department of Defense, which contributes over $7.6 billion annually to the local economy, supporting 75,000 jobs in the area. Tourism also plays a significant role, generating millions in income and output. The site is level, cleared, and features a turn lane and is positioned just before a lighted intersection, maximizing accessibility and visibility. With a 5-mile radius encompassing 2,197 businesses employing 17,876 people and generating over $2 billion in sales, this property offers unparalleled potential for development in a thriving community. The asking price is $640,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pace
- County
- Santa Rosa
- State
- Florida
- Longitude
- -87.1121
- Latitude
- 30.6032
