Listed By: Paul Salter Show Phone

Added: Mar 11, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 22.86-acre parcel of industrial land is located in Milton, Florida, and is zoned M-2 (General Industry). The property offers development potential for various industrial uses. It is located near Whiting Field and Interstate I-10, providing access and visibility within the Milton/Pensacola Metropolitan Statistical Area. The site features established ingress and egress. This land is suited for businesses requiring space and access to major transportation routes. The seller is open to exploring transaction structures, including ground leases and build-to-suit arrangements. The property's location and zoning make it an option for companies seeking to establish or expand their operations in a thriving industrial market. An adjacent 4.46-acre parcel is also available, allowing for potential expansion or consolidation.

Property Analytics

Current Use

Land

Location Intelligence

Trade Area within ½ mile

8

Businesses Nearby

Explore this area Business Placement

Demographics for 32583, FL

31,047

Population

11,169

Households

2.8

Avg Household Size

41

Median Age

22%

College-Educated

87%

High-School Grad

125.1 sq mi

ZIP Area

248

Density / Sq Mi

$84,957

Median Household Income

$42,193

Median Earnings

$1,307

Median Rent

$229,700

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - 22.86 Acres Milton Industrial Land | Zoned M-2 with Development Potential

Where is this industrial land located?

The property is located at 5001 Steriling Way Milton, FL.

What is the asking price?

The asking price for this property is $2,286,000.