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    Property profile & analytics

    6600 Chumuckla Hwy Pace, FL 32571

    • Specialty properties
    • 932 SF
    • 1.00 lot acres
    For Lease
    View listing
    $2.00 SF/Yr
    Value Estimation
    $55,000
    Last Sale
    Nov 25, 2020
    $80,000
    Location Intelligence
    Property ID
    US18-4586216
    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

    • Specialty properties

    Property Details for 6600 Chumuckla Hwy

    Year built
    1950
    Construction
    WOOD
    Lot size
    1.00 lot acres
    Property size
    932 SF
    Zone code
    AG-RR
    Property type
    Specialty properties
    APN
    17-2N-29-0000-00300-0000
    APU
    172N290000003000000

    Description

    This exceptional 0.73-acre commercial land parcel presents a remarkable investment opportunity in the rapidly growing Santa Rosa County, Florida. Located in a thriving retail submarket, this wooded vacant lot offers unparalleled potential for diverse development projects. Envision a retail center, office complex, residential development, medical facility, or a dynamic mixed-use project. The property's strategic location boasts proximity to key amenities, including a Publix, Piggly Wiggly, Wallace Lake K-8 school, the University of West Florida, and a newly opened Starbucks. Further enhancing its appeal, a Walmart is slated to open soon just 4.3 miles away. This prime location within Santa Rosa County, a rapidly expanding community with a 2023 population of 203,162, ensures high visibility and accessibility. The single-tenant zoning provides flexibility for a variety of development plans, making this a truly exceptional opportunity for investors seeking high-growth potential in a desirable Northwest Florida location. The land is currently available for ground lease. This is a rare chance to secure a significant piece of land in a booming area with excellent infrastructure and a strong local economy. Don't miss this chance to capitalize on the growth and potential of this prime commercial property.

    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
    -87.1802
    Latitude
    30.6775
    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
    $476
    $23,000
    $21,150
    $44,150
    -
    $23,000
    $21,150
    $44,150

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    Pace, FL 32571
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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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