9.35 Acres Zoned HCD Near 5 Points

Vacant Land for Sale
Catylist Listing ID: 30851846
Property Subtypes: Retail
Gross Land Area: 9.35 Acres
Sale Price: $1,550,000
Unit Price: $165,775 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/15/2024

Overview / Comments

+/-9.35 Acres Available for Sale in Pace, FL. Centrally located on Woodbine Rd between US Hwy 90 and 5 Points in North Santa Rosa County. New commercial development in the surroudning area includes a Dollar General, Scooters Coffee, and a new Primary Care Medical Facility. This parcel is adjacent to the new housing development, Lakes of Woodbine with 750 new single family homes. The site has been cleared and includes a total of +/-224 Ft of road frontage on Woodbine Rd and +/-1609 Ft in deepth. AADT counts of 19,400 on Woodbine and 5 mile demographics include a Total Population of 39,221 and an Average Household Income of $73,071

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Taxing Authority: PACE
Tax ID/APN: 07-1N-29-0000-01600-0000
Zoning: HCD
Property Located Between: Oak Tree Ln and Quail Dr.
Property Visibility: Excellent
Legal Description: See Exhibit A in Documents for recorded Legal Description in public records.
Largest Nearby Street: Woodbine Rd
Feet of Frontage: 224
Traffic/Vehicle Count: 19,400
Highway Access: Direct Ingress/ Egress on Woodbine Rd. with 5 points located approximatly 2 miles east and US Hwy 90 located 1.5 miles to the west.
Airports: Pensacola International Airport
Area Description: Pace is located in Northern Santa Rosa County which is experiencing a massive growth rate most notably in the northern portion of the County, placing it as the 8th fastest growing County in the state of Florida according to the SRC EDC. The County is also noted as being the 4th highest Median Household Income in the state of Florida. Publix Shopping Center at Five Points anchors this area just one mile north. Major housing developments currently underway include the Lakes of Woodbine (700 new homes) and Parkland (850 new homes). The County has recently completed the buildout of a new $39.8M K-8 school opening for the fall 2023 semester, serving nearly 1,200 students just north of this site. Additional completed and projected developments include Piggly Wiggly, Dollar General, Ron's Car Wash, Tractor Supply along with others not officially named.
Lot Frontage: 224
Lot Depth: 1609
Zoning Description: Highway Commercial Development
Topography: Level
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,418 16,703 51,501
Median Age: 39.28 39.34 38.54
Households: 530 6,204 19,087


Photograph of Listing Agent

Melissa Glyptis Simpson

Coldwell Banker Commercial Realty
Gulf Coast CMLS Member
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