Pace FL Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.94 Acres
Baths:
MLS#:
907184

ADDITIONAL INFORMATION

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. 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

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Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Pace Real Estate

The median home value in Pace, FL is $324,999. This is lower than the county median home value of $342,500. The national median home value is $338,100. The average price of homes sold in Pace, FL is $324,999. Approximately 76.66% of Pace homes are owned, compared to 17.46% rented, while 5.88% are vacant. Pace real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pace real estate agent to arrange a tour today!

Pace, Florida has a population of 23,527. Pace is more family-centric than the surrounding county with 34.88% of the households containing married families with children. The county average for households married with children is 33.37%.

The median household income in Pace, Florida is $67,500. The median household income for the surrounding county is $77,260 compared to the national median of $69,021. The median age of people living in Pace is 38.7 years.

Pace Weather

The average high temperature in July is 91.4 degrees, with an average low temperature in January of 41.1 degrees. The average rainfall is approximately 67.2 inches per year, with 0.1 inches of snow per year.

Pace Real Estate Market Conditions

  • Median sales price

    $324,999
    20.1% change since last quarter
  • # Active listings

    400
    30-day change

Pace Schools and Demographics

Education near Pace, FL

Metric City County
High School Graduates 91.98 92.28
College Degree - 2 year 13.58 13.07
College Degree - 4 year 27.8 29.15
Graduate Degree 9.36 8.23
Expenditures per Student 10,587 10,587
Students per Teacher 18 18

Elementary Schools near Pace, FL

School Grades Students P/T Ratio ZIP
Ensley Elementary School PK - 05 508 13 32514
Ferry Pass Elementary School PK - 05 736 15.7 32514
Five Flags Academy KG - 05 93 18.6 32534
Jim Allen Elementary School PK - 05 601 13.1 32533
L. D. McArthur Elementary School PK - 05 760 13.8 32534
Lincoln Park Elementary School PK - 03 176 12.6 32534
Pea Ridge Elementary School PK - 05 762 13.4 32571
Pine Meadow Elementary School KG - 05 909 14.7 32534
R. C. Lipscomb Elementary School KG - 05 922 14.2 32534
S. S. Dixon Intermediate School 02 - 05 755 14.3 32571
S. S. Dixon Primary School PK - 02 724 14.2 32571

Middle Schools near Pace, FL

School Grades Students P/T Ratio ZIP
Ferry Pass Middle School 06 - 08 998 16.4 32514
Newpoint Academy 06 - 08 182 15.2 32534
Ransom Middle School 06 - 08 1,394 17 32533
Thomas L Sims Middle School 06 - 08 887 17.1 32571

High Schools near Pace, FL

School Grades Students P/T Ratio ZIP
J. M. TATE Senior High School 09 - 12 2,120 19.3 32533
Newpoint Pensacola 09 - 12 114 38 32534
Pace High School 09 - 12 1,890 22.5 32571

Ungraded Schools near Pace, FL

School Grades Students P/T Ratio ZIP
* Escambia Charter School 09 - 12 110 18.3 32560
Escambia Westgate Center PK - 12 232 5.8 32534

Demographics near Pace, FL

Metric City County
Neighborhood Type Suburban
Population 23,527 184,345
Population Density 971 182
Median Age 38.7 40.1
People per Household 2.7 2.6
Median Household Income 67,500 77,260
Average Income per Capita 32,848 35,253