Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5837 Myrtle Rd, , FL Milton, FL 32583

    Source: https://www.saltercompany.com
    For Sale
    $650,000

    Profitable auto salvage business on 1.37 acres

    Property size:
    947 SF

    Description

    Added:
    Feb 12, 2025
    Days on Market:
    299
    This exceptional investment opportunity encompasses two parcels totaling 1.37 acres of industrially zoned land in Milton, Florida (5837 Myrtle Rd, 32583). Currently operating as a thriving auto salvage business, the property includes a 947 square foot building featuring two separate vehicle entrance/exit doors for efficient operations. The property is fully fenced, enhancing security and operational flow. The sale includes both parcels (including parcel #19-1N-28-0110-00000-1840), providing ample space for expansion or continued operation. This turnkey business offers immediate income potential and significant upside for a savvy investor. The asking price is $650,000. Serious inquiries only. All information deemed reliable but not guaranteed.

    Property Features for 5837 Myrtle Rd, , FL

    General Information

    Property type
    Automotive properties
    Square Feet
    947 SF
    Price / Square Foot
    $686
    Elevators
    N/A
    Lot Size
    59,677 SF

    Building Details

    Year Built
    1992
    Buildings
    1
    Stories
    1

    HighLights

    • Prime 1.37‑acre Milton, FL industrial lot, ideal for auto salvage or similar businesses.
    • Existing 947 sq ft building features two separate vehicle access points and secure fencing.
    • Zoned industrial, offering flexibility for various uses in a high‑demand area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    State
    Florida
    Longitude
    -87.079129
    Latitude
    30.584794

    Nearby Similar for Sale

    • $325,000

      Updated Duplex in Prime Location

      Like-new duplex with updates and stainless steel appliances in Milton, FL.
      7059 Milton Dr, Milton, FL 32583
      View Details
    • $139,500

      Duplex in Prime Milton Location

      Duplex in Milton, FL, ideal for investors and builders.
      7095 Milton Dr, Milton, FL 32583
      View Details
    • $295,000
      19.85 Acres

      Waterfront Acreage in Milton, Florida

      19.85 acres with waterfront access near Pensacola beaches.
      00000 San Raphael Rd, Milton, FL 32570
      View Details
    • $5,100,000
      20,000 SF

      Eco-Friendly Retreat in Milton, Florida

      Eco-tourism destination with diverse accommodations and expansion potential.
      7009 Creek Stone Rd, Milton, FL 32570
      View Details
    • $265,000
      1,800 SF

      Mixed-Use Property in Prime Location

      Versatile mixed-use property suitable for owner-occupancy or investment.
      5770 Stewart St, Milton, FL 32570
      View Details
    • $499,000
      2,000 SF

      Commercial Corner with Pet Facility

      Commercial property with existing building and development potential.
      5844 Berryhill Rd, Milton, FL 32570
      View Details

    FAQs

    What type of property is this?
    Automotive property - Profitable auto salvage business on 1.37 acres
    Where is this automotive property located?
    The property is located at 5837 Myrtle Rd, , FL Milton, FL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime 1.37-acre Milton, FL industrial lot, ideal for auto salvage or similar businesses.; Existing 947 sq ft building features two separate vehicle access points and secure fencing.; Zoned industrial, offering flexibility for various uses in a high-demand area.
    (850) 564-0120
    Request Owner's contact information
    5837 Myrtle Rd, , FL Milton, FL 32583
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5837 Myrtle Rd, , FL
    Milton, FL 32583
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5837 Myrtle Rd, , FL Milton, FL 32583
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.