4808 Woodbine Rd Pace, FL 32571
For Sale
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Exceptional commercial land opportunity in Pace, Florida, totaling 19.4 acres with 648 feet of frontage on Woodbine Road. This strategically located property sits midway between Highway 90 and 5 Points, directly across from the Woodbine Lakes Subdivision, a thriving community with over 700 homes. The site features an 80-foot wide entrance shared by all parcels. The property is divisible into four 1.24-acre lots (142' x 380') at the front, each priced at $995,000 ($18.42 per square foot), and a 13.7-acre rear parcel priced at $300,000 per acre ($6.89 per square foot). All utilities are readily available. The property is zoned HCD (High-Density Commercial). Comprehensive due diligence materials, including favorable soil borings confirming the absence of wetlands, are available to qualified buyers. This presents a rare opportunity for significant development potential, given its prime location and accessibility. The property is offered fee simple. APN: 08-1N-29-0000-01400-0000. A 20-minute drive to Downtown Pensacola provides easy access to the city.
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
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Costs & Benchmarks
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Risks
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