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    8701 Highway 87 Milton, FL 32583

    Sponsored
    For Sale
    $49,900

    High-visibility lot, ideal for business development. Affordable price.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 0.21-acre commercial lot, located at 8701 Hwy 87 in Milton, Florida, presents a fantastic opportunity for entrepreneurs and investors. Priced affordably at $49,900, this property boasts a highly desirable location on a main thoroughfare, ensuring excellent visibility and accessibility for any business. The lot's size offers ample space for a variety of commercial ventures, from small retail shops to professional offices. Its strategic position within the thriving Milton community guarantees a strong potential customer base. The absence of existing structures allows for complete design flexibility, enabling the construction of a building tailored to specific business needs. This property is a blank canvas, ready for your vision. Seize this chance to establish your business in a prime location with significant growth potential. The property is classified as General Commercial and is ready for immediate development. Act quickly, as opportunities like this are rare. Contact us today to learn more about this exceptional property and begin planning your future success.

    Property Features for 8701 Highway 87

    General Information

    Property type
    Other commercial real estate
    Lot Size
    9,148 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Auto Repair Shop Hotel & Motel Storage Facility HVAC Service Electronics Store Travel Agency Arcade & Gaming Center Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.9548
    Latitude
    30.60925

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility lot, ideal for business development. Affordable price.
    Where is this commercial real estate located?
    The property is located at 8701 Highway 87 Milton, FL.
    What is the asking price?
    The asking price for this property is $49,900.
    (850) 939-2366
    Request Owner's contact information
    8701 Highway 87 Milton, FL 32583
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    Milton, FL 32583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8701 Highway 87 Milton, FL 32583
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