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5201 US-90 - 1/2 Acre Hwy Frontage Lot Hwy 90 Pace, FL 0.51 Acres of Commercial Land Offered at $459,000 in Pace, FL 32571


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
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 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.51 AC |
| Property Type | Land | Cross Streets | Peaden Road |
| Zoning | HCD - high traffic commercial | ||
| Price | $459,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.51 AC |
| Cross Streets | Peaden Road |
| Zoning | HCD - high traffic commercial |
1 Lot Available
Lot
| Price | $459,000 | Lot Size | 0.51 AC |
| Price Per AC | $900,000.00 |
| 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.
Property Taxes
| Parcel Number | 13-1N-29-0000-05800-0000 | Total Assessment | $155,149 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) |
| Improvements Assessment | $0 (2025) | Tax Year | 2026 |
Property Taxes
Contact the Sale Advisor
5201 US-90 - 1/2 Acre Hwy Frontage Lot Hwy 90 Pace, FL
