Vacant Commercial Pace Land
Vacant Land
for Sale
| Catylist Listing ID: |
30850126 |
| Property Subtypes: |
Office, Retail, Retail-Pad
|
| Gross Land Area: |
0.91 Acres
|
| Sale Price: |
$650,000 |
| Unit Price: |
$714,285 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/26/2024 |
Overview / Comments
|
The +/- .91-acre property is located along Hwy 90 (33,000 AADT), which goes directly through the heart of Pace, FL. The property has excellent visibility and exposure on Hwy 90 and would be an ideal location for a restaurant, office, tourism business, or retail user. The site is directly next to the Lowes in Pace and is zoned HCD. The Pace community is conveniently located midway between the Pensacola and Milton areas, which are home to two of the busiest Naval Air bases in the country, NAS Pensacola and NAS Whiting Field. Pace, FL has a large military presence, and a large population of personnel resides in this immediate area.
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Additional Details
| Nearest MSA: |
Pensacola-Ferry Pass-Brent |
| County: |
Santa Rosa |
| Tax ID/APN: |
13-1N-29-0000-05700-0000 |
| Zoning: |
HCD |
| Property Located Between: |
Hwy 90 & New Hope Road |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
150 |
| Area Description: |
The subject property is located directly on Hwy 90, a heavily traveled and expanding retail corridor, Hwy 90 is the northernmost west-to-east U.S. route, passing through the county seat of all 15 counties in the state of Florida. It is the main traffic artery from Pensacola, Fl, to Milton, Fl. The Pace community is conveniently located midway between the Pensacola and Milton areas, which are home to two of the busiest Naval Air bases in the country, NAS Pensacola and NAS Whiting Field. The Pace community has a large military presence, and a large population of personnel resides in this immediate area. The site is in close proximity to shopping, national retailers, restaurants, top-rated schools and colleges, health systems, parks, beautiful beaches, shopping, and entertainment. Within recent years the area has become highly sought after for new developments and is a desirable community to reside in. |
| Lot Frontage: |
150 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,993 |
31,488 |
52,507 |
| Median Age: |
36.77 |
37.47 |
38.67 |
| Households: |
1,810 |
11,885 |
20,194 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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