Pace Vacant Commercial Site

Vacant Land for Sale
Catylist Listing ID: 30420770
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 1.53 Acres
Sale Price: $575,000
Unit Price: $375,816 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2019

Overview / Comments

The site is approximately 1.526 acres (66,473 SF) with 190’ on Highway 90 and 350’ along Sunset Drive. Approximate overall dimensions from Santa Rosa County Property Appraiser’s map are: 190’ (Hwy 90 frontage) x 197’ + 9’ + 118’ (eastern boundary) x 158’ (northern boundary) x 350’ (Sunset Dr./western boundary). Water and sewer are available. There is a 6” water line located on both sides of Highway 90; and an existing 12” force main located on the south side of Highway 90. There is also a gravity sewer line on the north side of Hwy 90 with a stub-out at Heritage Plaza just east of the subject property.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: Santa Rosa County
Tax ID/APN: 12-1N-29-0000-02700-0000
Zoning: HCD, HIGHWAY COMMERCIAL DEVELOPMENT
Property Located Between: NE corner of Highway 90 & Sunset Drive - Pace, FL. Just east of the Chick-Fil-A restaurant.
Property Visibility: Excellent
Largest Nearby Street: Highway 90, Pace, Florida
Feet of Frontage: 190
Traffic/Vehicle Count: 34,000
Highway Access: Highway 90, Pace, Florida
Site Description: The site is basically rectangular in shape. The site is approximately 1.526 acres (66,473 SF) with 190’ on Highway 90 and 350’ along Sunset Drive. Approximate overall dimensions from Santa Rosa County Property Appraiser’s map are: 190’ (Hwy 90 frontage) x 197’ + 9’ + 118’ (eastern boundary) x 158’ (northern boundary) x 350’ (Sunset Dr./western boundary).
Area Description: Great commercial site for mixed use development situated in a highly developed commercial corridor in Pace, Florida. It is a large corner site located 1 mile east of the Lowe’s Improvement Center, Wal-Mart Center, Home Depot, Ruby Tuesday’s, Cinema 8 Theaters, Chick-Fil-A restaurant and the Commons Shopping Center with 350,000 SF of retail space including a Publix and Target stores. The Santa Rosa County Commissioners are moving toward creating a right-of-way for a road linking U.S. 90 to Hamilton Bridge Road. The project is designed to build a county-maintained road from Santa Villa Drive and U.S. 90 north to property owned by the Santa Rosa County School District, which will ultimately connect to Hamilton Bridge Road.
Lot Frontage: 190
Lot Depth: 350
Zoning Description: See attached brochure.
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,560 32,094 54,100
Median Age: 36.84 37.28 38.51
Households: 2,803 12,124 20,817

Contact

Photograph of Listing Agent

G. Jeff White

Connell & Company Realty, Inc.
Gulf Coast CMLS Member
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