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0 Hwy 87 5.29 Acres of Commercial Land Offered at $2,216,025 CAD in Milton, FL 32583
Executive Summary
5.29 acres zoned HCD at the corner of Hwy 87 and John Hamm Rd. Full median cut on Hwy 87 for north or south ingress/egress. 600 Ft of road frontage on Hwy 87 with 2 storm drains, one curb cut and sidewalk the length of the frontage. This site is located just south of the fully occupied Santa Rosa Industrial Park. Major expansion of Santa Rosa County's Infrastructure and Industrial Parks is driving major business into East Milton. Over 2,500 new jobs are expected within the immediate vicinity to this property. Northern Santa Rosa County's 5 Industrial Parks are located within minutes to this site. Access to US Hwy 90, I-10 and Downtown Milton make this location a perfect site for future development. Demographics within a 10 mile radius include a Total Population of 35,416 with an Average House Hold Income of $57,009. FDOT 2024 reports 16300 AADT.
Data Room Click Here to Access
- Offering Memorandum
- Market Information
Property Facts
| Price | $2,216,025 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | High Vacancy Property | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.29 AC |
| Zoning | HCD | ||
| Price | $2,216,025 CAD |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 5.29 AC |
| Zoning | HCD |
1 Lot Available
Lot
| Price | $2,216,025 CAD | Lot Size | 5.29 AC |
| Price Per AC | $418,908.30 CAD |
| Price | $2,216,025 CAD |
| Price Per AC | $418,908.30 CAD |
| Lot Size | 5.29 AC |
5.29 Acre Development Site Hwy 87. Clear ESA Phase I, JD Wetlands Report, Hotel/ Retail Development Site Plan, 5 Star Report
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 05-1N-27-0000-00202-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $628,738 CAD | Total Assessment | $628,738 CAD |
Property Taxes
Parcel Number
05-1N-27-0000-00202-0000
Land Assessment
$628,738 CAD
Improvements Assessment
$0 CAD
Total Assessment
$628,738 CAD
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