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    8701 Hwy 87 Milton, FL 32583

    Source: https://www.saltercompany.com
    For Sale
    $49,900

    Prime 0.21-acre lot, ideal for business development.

    Property size:
    9,352 SF

    Description

    Added:
    Feb 20, 2025
    Days on Market:
    296
    This exceptional 0.21-acre commercial lot in Milton, Florida (zip code 32583), presents a compelling investment opportunity. Located on Hwy 87, this property boasts high visibility and accessibility, making it perfect for a diverse range of commercial ventures. The asking price is $49,900, translating to approximately $237,619 per acre. Its strategic location ensures excellent exposure to high traffic volumes, promising significant potential for future growth and return on investment. This land is suitable for small businesses, office spaces, or retail establishments, offering a blank canvas for development tailored to specific business needs. The property's size and location combine to create a rare opportunity in the competitive Milton commercial real estate market. Serious inquiries are encouraged to explore the full potential of this promising investment. The property is categorized as commercial, other land, and residential land & home lots. Further details are available upon request.

    Property Features for 8701 Hwy 87

    General Information

    Property type
    Other land
    Square Feet
    9,352 SF
    Price / Square Foot
    $5
    Elevators
    N/A
    Lot Size
    9,148 SF

    HighLights

    • 0.21‑acre commercial lot in Milton, FL.
    • $49,900 asking price; $237,619 per acre.
    • High‑traffic area with excellent visibility for business development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    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

    City
    Milton
    State
    Florida

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    FAQs

    What type of property is this?
    Land - Prime 0.21-acre lot, ideal for business development.
    Where is this land located?
    The property is located at 8701 Hwy 87 Milton, FL.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: 0.21-acre commercial lot in Milton, FL.; $49,900 asking price; $237,619 per acre.; High-traffic area with excellent visibility for business development.
    (850) 939-2366
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    8701 Hwy 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 Hwy 87 Milton, FL 32583
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