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    Property profile & analytics

    4584 Chumuckla Hwy Pace, FL 32571-1004

    • Retail space
    • 31,891 SF
    • 2.41 lot acres
    OFF-MARKET
    Value Estimation
    $490,000
    Location Intelligence
    Property ID
    US18-4554988
    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

    • Retail space

    Property Details for 4584 Chumuckla Hwy

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.41 lot acres
    Property size
    31,891 SF
    Zone code
    HCD
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    16-1N-29-0000-03101-0000
    APU
    161N290000031010000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $465,000

    • CAP approach

      CAP return
      Estimation
      6%
      $525,000
      6.5%
      $595,000
      7%
      $585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $605,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $595,000
      Retail
      $630,000
      Mixed-Use
      $580,000
      Hospitality
      $540,000
      Educational
      $610,000
      Residential Income
      $485,000
      Energy
      $645,000
      Income-Based Land
      $670,000
      Food Service
      $540,000

    Location Insight

    • Map
    • Local Demand
    City
    Pace
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.1608
    Latitude
    30.6035
    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
    $10,170
    $250,958
    $673,601
    $924,559
    -
    $250,958
    $673,601
    $924,559

    Comparable in this City

    • Value Estimation by Request
      6,000 SF

      4758 Us-90

      Individual retail properties • 6,000 SF
      4758 Us-90, Pace, FL 32571
      View Details
    • Value Estimation by Request
      2,831 SF

      4622 School Ln

      STORE, RETAIL OUTLET • 2,831 SF
      4622 School Ln, Pace, FL 32571-1534
      View Details
    • Value Estimation
      $345,000
      1,672 SF

      4337 Hwy 90

      STORE, RETAIL OUTLET • 1,672 SF
      4337 Hwy 90, Pace, FL 32571-2039
      View Details
    • Value Estimation
      $305,000
      865 SF

      4474 Woodbine Rd

      STORE, RETAIL OUTLET • 865 SF
      4474 Woodbine Rd, Pace, FL 32571-8785
      View Details
    • Value Estimation
      $660,000
      3,345 SF

      4440 Woodbine Rd

      STORE, RETAIL OUTLET • 3,345 SF
      4440 Woodbine Rd, Pace, FL 32571-8725
      View Details
    • Value Estimation
      $305,000
      4,302 SF

      4564 Chumuckla Hwy

      STORE, RETAIL OUTLET • 4,302 SF
      4564 Chumuckla Hwy, Pace, FL 32571-1004
      View Details

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    Similar Nearby for Lease

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      3,782 SF

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      Freestanding retail building for lease with high traffic volume.
      5200 Highway 90, Pace, FL 32571
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    • $3,038,800

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    • $18 SF/Yr
      1,320 SF

      Prime Pace, FL Retail Space

      1320 SF Retail Suite - Highway 90
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      View Details
    • $30 SF/Yr
      750 SF

      Pace Hwy 90 Office Suite A

      750 SF Office/Retail Space - NNN Lease
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    • $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
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    Pace, FL 32571-1004
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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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