5063 Us-90 Pace, FL 32571
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.