Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    5675 Quintette Rd Pace, FL 32571-6736

    • Car washes
    • 1,665 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimations
    $255,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4476657
    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

    • Car washes

    Property Details for 5675 Quintette Rd

    Year built
    2001
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.46 lot acres
    Property size
    1,665 SF
    Zone code
    HCD
    Property type
    Car washes
    APN
    31-2N-29-0000-00106-0000
    APU
    312N290000001060000

    Description

    This exceptional 1,665 square foot retail property, located at 5675 Quintette Rd in Pace, Florida, presents a unique investment opportunity. Situated on a 0.46-acre lot (100' x 195' x 97' x 201'), this single-story building was constructed in 2001 and renovated in 2011. Currently vacant, the property is zoned HCD and offers significant potential for redevelopment. Previously used as a car wash, its adaptable layout allows for various uses, including office or retail space. The asking price is $1,200,000, translating to $720.72 per square foot. Benefiting from a high-traffic location, the property shares access with established businesses such as Santino's and a soon-to-open family arcade, ensuring high visibility and potential customer flow. The property is fee simple ownership with no ground lease. This prime corner location in Santa Rosa County, Florida (zip code 32571), offers exceptional potential for a savvy investor seeking a high-return opportunity. The property's APN is 31-2N-29-0000-00106-0000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $255,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $171,000
      Market price range: $69.1k - $172k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Pace
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.1813
    Latitude
    30.6435
    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
    $2,606
    $120,000
    $122,266
    $242,266
    -
    $120,000
    $122,266
    $242,266

    Comparable in this City

    • Value Estimation
      $305,000
      4,741 SF

      4978 Hwy 90

      CAR WASH • 4,741 SF
      4978 Hwy 90, Pace, FL 32571-1413
      View Details
    • Value Estimation
      $350,000
      7,460 SF

      4254 Woodbine Rd

      CAR WASH • 7,460 SF
      4254 Woodbine Rd, Pace, FL 32571-8703
      View Details
    • Value Estimation
      $285,000
      2,772 SF

      4636 Spencer Fld Rd

      CAR WASH • 2,772 SF
      4636 Spencer Fld Rd, Pace, FL 32571-1306
      View Details
    • Value Estimation
      $720,000
      12,418 SF

      3650 Hwy 90

      AUTO REPAIR, GARAGE • 12,418 SF
      3650 Hwy 90, Pace, FL 32571-1055
      View Details
    • Value Estimation
      $620,000
      6,689 SF

      4020 Hwy 90

      AUTO REPAIR, GARAGE • 6,689 SF
      4020 Hwy 90, Pace, FL 32571-1918
      View Details
    • Value Estimation
      $2,955,000
      12,723 SF

      5020 Hwy 90

      SERVICE STATION (FULL SERVICE) • 12,723 SF
      5020 Hwy 90, Pace, FL 32571-1504
      View Details

    Similar Nearby for Sale

    • $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
    • Contact for pricing

      US-90 Frontage Property For Sale

      Property with US-90 frontage available for sale in Milton, FL.
      Pace, Milton, FL 32571
      View Details
    • $350,000
      2,619 SF

      Auto Repair Facility in Pace

      Commercial property with auto repair shop and residential space.
      4025 Pace Rd, Pace, FL 32571
      View Details
    • $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
    • $1,200,000
      2.83 Acres

      Pace Office & Land Investment Opportunity

      2.83-acre commercial lot with three buildings
      4740 Woodbine Rd, Pace, FL 32571
      View Details
    • $375,000
      705 SF

      Prime Milton Retail Space

      High-traffic Highway 90 location, 705 SF building.
      4758 Highway 90, Milton, FL 32571
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,400 SF

      Pace Restaurant Space on US 90

      2,400 SF restaurant space in Pace's retail corridor.
      4909 S 90, Pace, FL 32571
      View Details
    • $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
    • $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
    • $30 SF/Yr
      247,032 SF

      Santa Rosa Commons Retail Space

      Pace, FL Power Center - 1,800 SF Available
      4729 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
    • $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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5675 Quintette Rd
    Pace, FL 32571-6736
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.