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5063 Highway 90, Pace, FL 32571

$525,000
Property Type: Commercial for Sale Lot Size (sq. ft.): 40,946 Status: Active
Current Price: $525,000 List Date: 10/18/2024 Last Modified: 2/05/2025

Description

5063 HWY 90 is a highly visible commercial parcel that is strategically positioned in a booming retail corridor, surrounded by major national retailers such as Walmart, Target, Lowe's, and Home Depot. With 197 feet of frontage along Hwy 90, this nearly one-acre site offers unparalleled exposure to 34,500 vehicles per day (2024), making it an exceptional opportunity for retail, service-based businesses, or investment development. This is a rare chance to secure a premier commercial site at a drastically reduced price. With strong economic drivers, a dense commercial base, and significant daily traffic flow, 5063 Hwy 90 is an investment-ready opportunity for businesses looking to establish or expand their footprint in a high-growth market.

Supplements: 5063 HWY 90 is almost an acre of land with 197 feet of frontage along HWY 90 providing visibility to the 34,500 cars passing by daily. This valuable land tract is well positioned along a massive retail corridor. Hwy 90 is a primary travel and trade route, and one of the main connectors into Escambia County, FL. where major employers are located. Key economic drivers in the area are the Military, Tourism, Navy Federal, and major medical institutions: Baptist Hospital, Ascension Sacred Heart, and HCA Hospital. Close to 200 FT of Frontage Turn Lane In Place Just before Lighted Intersection Retailers, Established and Growing Rooftops Main commuter Corridor to Pensacola, FL 34,500 CPD 2024  Prime Location - Situated along a thriving trade route with a strong mix of national, regional, and local retailers  High Traffic & Visibility - 34,500 CPD along Hwy 90, a primary commuter and trade corridor  Major Economic Drivers Nearby: Military & Defense - $7.6 billion annual economic impact, supporting 75,000 jobs Tourism Industry Growth - Contributing $113.2 million in output and supporting 1,453 jobs Corporate & Healthcare Presence - Close proximity to Navy Federal, Baptist Hospital, Ascension Sacred Heart, and HCA Hospital  Direct Connector to Escambia County, FL - Providing access to major employment hubs

More Information MLS# 907184

None

Current Price: $525,000

Status Change Info

Status: Active

Contract Info

GCCMLS Number: 30816109 List Date: 2022-08-31 List Price: $525,000 Listing Board: Emerald Coast

Location Tax and Legal

Area: 10 - North Santa Rosa County Street #: 5063 Street Name: Highway 90 State: FL Zip Code: 32571 County: Santa Rosa Parcel ID: 13-1N-29-0000-02500-0000

General Property Info

Listed on GCCMLS: Yes Immediate Occupancy: Yes Acreage: 0.94 Lot Frontage: 197 Lot Depth: 208 Zoning: HCD Future Land Use: Commercial

Land

Property Type: Commercial

Property Features

Class: Land
Listing Office: NAI Pensacola
Last Updated: February - 05 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.

Grayton Corners | 32 East County Highway 30-A, Suite J | Santa Rosa Beach, FL 32459
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