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Property profile & analytics
OFF-MARKET
Land

5162 us 90, , FL Pace, FL 32571

Property ID
Property summary
AI-generated overview

Lease Rate: $65,000 Annual Retail lot with Highway 90 frontage available for sale or ground lease in the Pea Ridge area of Pace, Florida. Located next to a future Foosackly's, one of the area's top grossing QSRs per unit, the Highway 90 corridor has seen tremendous growth in the past few years, including the addition of notable users such as ALDI, Wendy’s, Buffalo Wild Wings, Chipotle, Discount Tire, Sonny’s BBQ, IHOP, and Pace Freestanding Emergency Room facility. The new Pea Ridge Connector, located ¼ mile east of the site, is now open to traffic and provides a much more direct route to parts of northern Pace. The site benefits from side street access at Evelyn Street, where existing turn lanes along Highway 90 are already in place. HCD zoning allows for a large number of uses and is ideally suited for restaurant, retail, or other service-related uses. Site to be delivered graded, with access drives and stormwater in place.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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