This exceptional 40,400 square foot commercial lot, situated on Highway 90 in Pace, Florida's Pea Ridge area, presents a unique investment opportunity. Priced at $850,000, the property offers a lease rate of $65,000 annually. Boasting 0.93 acres, this lot enjoys high visibility due to its Highway 90 frontage, positioned next to a future Foosackly's, a top-performing quick-service restaurant. The area has experienced significant recent growth, with established businesses including ALDI, Wendy's, Buffalo Wild Wings, Chipotle, Discount Tire, Sonny's BBQ, IHOP, and a freestanding emergency room. Improved accessibility is provided by the newly opened Pea Ridge Connector, located a quarter-mile east. Convenient side street access via Evelyn Street, with existing turn lanes on Highway 90, further enhances the property's appeal. The HCD zoning permits a wide range of uses, making it ideal for restaurants, retail establishments, or other service-oriented businesses. The site will be delivered fully prepared, including grading, access drives, and completed stormwater management. This is a remarkable chance to capitalize on the thriving Pace commercial market.
Highlights
40,400 square foot lot available for sale or lease on Highway 90 in Pace, Florida.
Annual lease rate is $65,000; prime location near high-traffic corridor with strong retail presence.
Site will be delivered graded, with access drives and stormwater management systems in place.
Land - Prime Pace, FL commercial lot; sale or lease.
Where is the land located?
The property is located at 5162 us 90, , FL Pace, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 40,400 square foot lot available for sale or lease on Highway 90 in Pace, Florida.; Annual lease rate is $65,000; prime location near high-traffic corridor with strong retail presence.; Site will be delivered graded, with access drives and stormwater management systems in place.
How can I contact the broker?
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5162 us 90, , FL Pace, FL 32571
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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5162 us 90, , FL
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