Spencer Field Rd Pace, FL 32571
- Land
- 5.85 lot acres
Current Use by Public Records
- Land
Property Details for 0 Spencer Field Rd
- Lot size
- 5.85 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This 5.85-acre parcel, located at the northeast corner of N. Spencer Field Road and W. Spencer Field Road in Pace, Florida (zip code 32571), is offered for sale at $539,000. The property, consisting of two contiguous parcels (APN: 34-2N-29-0000-00626-0000 and 34-2N-29-0000-00625-0000), is currently vacant and uncleared. It's situated north of the Spencer Naval Outlying Field and has been recently rezoned to Highway Commercial Development (HCD) by the Milton Zoning Board and the Santa Rosa County Board of County Commissioners. HCD zoning allows for a wide range of commercial uses, including retail, restaurants, hotels, and more, in locations near major transportation corridors. The seller will consider a long-term land lease and/or a first mortgage up to 50% of the purchase price. This corner lot offers excellent visibility and accessibility. Prospective buyers should conduct thorough due diligence regarding local regulations and market conditions before planning any development. The property will not be subdivided.
Value Estimation
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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
- -87.148
- Latitude
- 30.6328
