6600 Chumuckla Hwy, Pace, FL 32571
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
AG-RR · Pace, FLPace. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.