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Previous Description:
Prime Woodbine Road Exposure | 1.62± Acres Near Publix , Tractor Supply & Sacred Heart ER at 5 Points Exceptional commercial opportunity located along Woodbine Road near Publix and Tractor Supply at Five Points, one of Pace’s most heavily trafficked and rapidly expanding retail corridors. This 1.62± acre corner site features approximately 636 feet of frontage on Vinewood Lane and 123 feet on Woodbine Road, offering excellent visibility and accessibility. The property is zoned HCD (Highway Commercial District) within Santa Rosa County, permitting a wide range of retail and office uses. Utilities are available through Pace Water System, Florida Power & Light, and Natural Gas of Milton. The 1.62 Acre site is high and dry with no reported environmental concerns, ensuring a straightforward development process. Traffic counts average ±19,400 vehicles daily (˜7 million annually) along Woodbine Road, providing consistent exposure in a corridor anchored by national retailers, restaurants, and service providers. According to 2024 demographic estimates, the population within a 3-mile radius totals 24,528 residents, projected to exceed 26,000 by 2029, with a median household income of $91,446—well above the Pensacola MSA average. Retail market trends within the Pensacola MSA remain strong, with asking rents averaging $17.02/SF in 2024 and projected to rise to $18.66/SF by 2029, while vacancy rates remain historically low near 3%. This combination of high traffic, income growth, and retail stability makes this location an ideal fit for commercial, professional, or investment development.
Updated Description:
Prime Woodbine Road Exposure | 1.62± Acres Near Publix , Tractor Supply & Sacred Heart ER at 5 Points Exceptional commercial opportunity located along Woodbine Road near Publix and Tractor Supply at Five Points, one of Pace’s most heavily trafficked and rapidly expanding retail corridors. This 1.62± acre corner site features approximately 636 feet of frontage on Vinewood Lane and 123 feet on Woodbine Road, offering excellent visibility and accessibility. The property is zoned HCD (Highway Commercial District) within Santa Rosa County, permitting a wide range of retail and office uses. Utilities are available through Pace Water System, Florida Power & Light, and Natural Gas of Milton. The 1.62 Acre site is high and dry with no reported environmental concerns, ensuring a straightforward development process. Traffic counts average ±19,400 vehicles daily (˜7 million annually) along Woodbine Road, providing consistent exposure in a corridor anchored by national retailers, restaurants, and service providers. According to 2024 demographic estimates, the population within a 3-mile radius totals 24,528 residents, projected to exceed 26,000 by 2029, with a median household income of $91,446—well above the Pensacola MSA average. Retail market trends within the Pensacola MSA remain strong, with asking rents averaging $17.02/SF in 2024 and projected to rise to $18.66/SF by 2029, while vacancy rates remain historically low near 3%. This combination of high traffic, income growth, and retail stability makes this location an ideal fit for commercial, professional, or investment development.
