Commercial Land in Pace, Florida

Vacant Land for Sale
Catylist Listing ID: 30344949
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 45 - 47 Acres
Sale Price: $135,000 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/13/2020

Overview / Comments

Please contact the agent for more information about this listing.

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Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 12-1N-29-0000-02100-0000
Property Located Between: East Spencer Field Rpad and Avalon Blvd
Property Visibility: Excellent
Largest Nearby Street: US Highway 90
Traffic/Vehicle Count: 31,500
Highway Access: Located directly on Highway 90.
Site Description: Prime commercial property available at 5240 Highway 90 in Pace, Florida. With ±48.9 commercial acres and over 1,871’ frontage on Highway 90 and zoned HCD - Highway Commercial Development, this acreage is ideal for a large retailer, apartments or mixed used commercial. Traffic counts on this portion of Highway 90 are over 31,500 AADT as of 2018. The original tract was over ±80 acres, adjacent to a proposed elementary and middle school. The school will have a new entrance boulevard that dissects the subject property and intersects at a proposed lighted intersection on Highway 90 (with existing median cut).
Area Description: Located in the immediate area of Wal-Mart Supercenter, Target, Publix, Lowe’s, Home Depot and numerous other national retailers and restaurants.
Lot Frontage: 1871
Zoning Description: HCD - Highway Commercial Development

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,993 28,746 54,632
Median Age: 36.77 37.36 38.43
Households: 1,810 10,832 21,020


Photograph of Listing Agent

Kenny Nichols

Vallas Realty, Inc. Gulf Coast CMLS Member
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