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Property profile & analytics
OFF-MARKET
Land

5065 Chumuckla Hwy Pace, FL 32571

Built 1951
Property ID
No photo on file
Map unavailable
Property summary
AI-generated overview

This exceptional 8.54-acre parcel, located at 5065 Chumuckla Highway in Pace, Florida, 32571, presents a remarkable opportunity for retail development. Situated in the heart of Pace, this large tract boasts high visibility and accessibility, making it an attractive location for a variety of commercial ventures. The property currently includes a small rental structure, offering potential for immediate income generation or redevelopment. Detailed plans for a proposed development are available for review (see attached image). The expansive lot size provides ample space for a significant retail project, allowing for flexibility in design and layout to accommodate various retail concepts. This prime location in Santa Rosa County offers excellent access to major roadways and a growing residential population, ensuring a strong potential customer base. The asking price for this exceptional development opportunity is $1,500,000. Serious inquiries are encouraged. This is a rare chance to acquire a substantial piece of land in a thriving Florida community, perfectly positioned for retail success. Don't miss this chance to secure a prime location for your next retail venture.

Property profile
Verified
Property type Land
Year built 1951
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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