5162 us 90, , FL Pace, FL 32571
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.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.