5162 us 90, , FL Pace, FL 32571
- Land
Current Use by Public Records
- Land
Property Details for 5162 us 90, , FL
- Property type
- Land
- Property subtype
- Residential land & home lots
Description
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.
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
- State
- Florida
- Longitude
- -87.1659
- Latitude
- 30.6332