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Investment Highlights

  • Direct frontage along US Highway 90 provides exceptional visibility.
  • Approximately 150 feet of highway frontage supports strong exposure.
  • Surrounded by established retail, restaurant, and service businesses.
  • Located near the Pea Ridge Connector and surrounding residential growth.
  • Existing improvements may support interim occupancy or redevelopment.
  • Commercial zoning supports a variety of potential business uses.

Executive Summary

5201 US-90 & Peaden Road offers a commercial land and redevelopment opportunity along one of Pace's most active business corridors. Positioned directly on Highway 90 with approximately 150 feet of frontage, the property benefits from substantial daily traffic exposure and convenient access to the surrounding trade area. The site is located near the Pea Ridge Connector, providing connectivity to established residential neighborhoods and the broader Pace and Pensacola markets.
The property is improved with an existing residential structure and storage building that may support interim occupancy or be incorporated into a future commercial redevelopment plan, subject to applicable approvals. The parcel's Highway Commercial Development zoning and frontage visibility create flexibility for a variety of retail, office, service-oriented, and owner-user concepts. Nearby businesses include national retailers, restaurants, and daily-needs services that contribute to consistent consumer activity throughout the corridor.
Pace continues to serve as a growing suburban market within Santa Rosa County, benefiting from its proximity to Pensacola, regional employment centers, and major transportation routes. The property's location along a heavily traveled commercial artery places it within an established retail environment while maintaining access to expanding residential population bases. For investors, developers, and owner-users seeking a visible commercial location with redevelopment potential, the site presents an opportunity to establish a presence along one of the area's primary east-west thoroughfares.

Financial Summary (Actual - 2026) Click Here to Access

Annual Annual Per AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $459,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Fast Food
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 0.51 AC
Cross Streets Peaden Road
Zoning HCD - high traffic commercial

1 Lot Available

Lot

Price $459,000
Price Per AC $900,000.00
Lot Size 0.51 AC

High-visibility commercial parcel on US-90 with approximately 150' frontage, existing improvements, and access near the Pea Ridge Connector. Positioned among established retail, restaurant, and service businesses in Pace.

Description

The property consists of approximately 0.51 acres located at 5201 US-90 in Pace, Florida. The site includes an existing residential structure and storage building and fronts US Highway 90 with approximately 150 feet of frontage. The property is situated near the Pea Ridge Connector and adjacent commercial development, including retail and restaurant uses along the Highway 90 corridor. Reported traffic volume along the corridor is approximately 36,000 vehicles per day.

Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
13-1N-29-0000-05800-0000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$155,149 (2025)
Annual Taxes
($1)
Tax Year
2026
  • Listing ID: 41435443

  • Date on Market: 7/25/2026

  • Last Updated:

  • Address: 5201 US-90, Pace, FL 32571

Contact the Sale Advisor

5201 US-90 - 1/2 Acre Hwy Frontage Lot Hwy 90 Pace, FL

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