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    Property profile & analytics

    3367 Wallace Lk Rd Pace, FL 32571-9106

    • Grocery and convenience stores
    • 24,567 SF
    • 2.69 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-7861387
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 3367 Wallace Lk Rd

    Year built
    2022
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.69 lot acres
    Property size
    24,567 SF
    Zone code
    HCD
    Property type
    Grocery and convenience stores
    APN
    18-2N-29-0000-00603-0000
    APU
    182N290000006030000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pace
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.181
    Latitude
    30.6839
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,463
    $232,185
    $1,547,492
    $1,779,677
    -
    $232,185
    $1,547,492
    $1,779,677

    Comparable in this City

    • Value Estimation
      $645,000
      9,340 SF

      4885 Spencer Fld Rd

      CONVENIENCE STORE • 9,340 SF
      4885 Spencer Fld Rd, Pace, FL 32571-1232
      View Details
    • Value Estimation
      $1,215,000
      15,943 SF

      5680 Quintette Rd

      CONVENIENCE STORE • 15,943 SF
      5680 Quintette Rd, Pace, FL 32571-6737
      View Details
    • Value Estimation by Request
      9,363 SF

      4988 Hwy 90

      CONVENIENCE STORE • 9,363 SF
      4988 Hwy 90, Pace, FL 32571-1413
      View Details
    • Value Estimation
      $2,090,000
      15,643 SF

      5661 Quintette Rd

      CONVENIENCE STORE • 15,643 SF
      5661 Quintette Rd, Pace, FL 32571-6736
      View Details
    • Value Estimation by Request
      7,146 SF

      5107 Hwy 90

      CONVENIENCE STORE • 7,146 SF
      5107 Hwy 90, Pace, FL 32571-1531
      View Details
    • Value Estimation
      $175,000
      4,680 SF

      5650 Woodbine Rd

      CONVENIENCE STORE • 4,680 SF
      5650 Woodbine Rd, Pace, FL 32571-8767
      View Details

    Similar Nearby for Sale

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      5,845 SF

      Pace Retail Pad Site - Highway 90

      Prime .77-acre pad site; build up to 5,400 SF.
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      Pace Office & Land Investment Opportunity

      2.83-acre commercial lot with three buildings
      4740 Woodbine Rd, Pace, FL 32571
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    • $849,000
      2.23 Acres

      Pace Retail Pad Site Investment

      High-traffic location, build-to-suit option.
      4612 Us-90, Pace, FL 32571
      View Details
    • Contact for pricing

      US-90 Frontage Property For Sale

      Property with US-90 frontage available for sale in Milton, FL.
      Pace, Milton, FL 32571
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    • $1,200,000

      Former Car Wash For Sale

      Former car wash suitable for renovation into office or retail.
      5675 Quintette Rd, Milton, FL 32571
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      1,200 SF

      Retail Space on Highway 90

      1200 sq ft retail space on busy Highway 90.
      4354 Highway 90, Milton, FL 32571
      View Details
    • $18 SF/Yr
      1,320 SF

      Prime Pace, FL Retail Space

      1320 SF Retail Suite - Highway 90
      5070 Highway 90, Milton, FL 32571
      View Details
    • $30 SF/Yr
      750 SF

      Pace Hwy 90 Office Suite A

      750 SF Office/Retail Space - NNN Lease
      4728 US 90, Pace, FL 32571
      View Details
    • $3,038,800

      New Dollar General Investment Property

      New Dollar General in a high-growth Pensacola market area.
      3407 Mahogany Dr, Pace, FL 32571
      View Details
    • $12 SF/Yr
      2,400 SF

      Pace Retail Space Available

      High-traffic retail space, flexible lease terms.
      4208 - 4234 Caroline St, Pace, FL 32571
      View Details
    • $18 SF/Yr
      1,250 SF

      Prime Milton Retail Space

      High-traffic Hwy 90 location, remodeled unit.
      4430 US 90, Milton, FL 32571
      View Details

    Property Visit Statistics

    • Visits by month
      32.5k
    • Visitors by month
      17.8k
    • Avg Time on site
      18 min
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    3367 Wallace Lk Rd
    Pace, FL 32571-9106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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