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    5054 Hwy 90 Pace, FL 32571-1504

    • Retail space
    • 5,233 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Last Sale
    Feb 20, 2020
    Location Intelligence
    Property ID
    US18-3412761
    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 5054 Hwy 90

    Year built
    1973
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.93 lot acres
    Property size
    5,233 SF
    Zone code
    HCD
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    12-1N-29-0000-01300-0000
    APU
    121N290000013000000

    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
    -87.1129
    Latitude
    30.6038
    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
    $6,985
    $429,756
    $103,633
    $533,389
    -
    $429,756
    $103,633
    $533,389

    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

    Similar Nearby for Sale

    • $849,000

      Prime Retail/Office/Restaurant Pad Site

      Ready-to-build pad site in a high-traffic retail area.
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      Prime Milton Retail Space

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      2.83-acre commercial lot with three buildings
      4740 Woodbine Rd, Pace, FL 32571
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      Former Car Wash For Sale

      Former car wash suitable for renovation into office or retail.
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    Similar Nearby for Lease

    • $15 SF/Yr
      3,782 SF

      Retail Building on Hwy 90

      Freestanding retail building for lease with high traffic volume.
      5200 Highway 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
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    • $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
    • $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 32571-1504
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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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