Listing Agency: p***@saltercompany.com Show Phone

Listed By: Paul Show Phone

Added: Feb 12, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 4.46-acre industrial land parcel is located in Milton, Florida. Zoned M-2 (General Industry), the property offers development potential for various industrial uses. Established ingress and egress ensure convenient access for industrial operations. The location near Whiting Field and Interstate I-10 provides connectivity, placing it within reach of the Milton/Pensacola Metropolitan Statistical Area. The site is part of a larger 27.32-acre tract, with an adjacent 22.86-acre parcel also available for purchase. Alternative acquisition options, including ground leases and build-to-suit arrangements, are available. The property's size and zoning make it suitable for a range of industrial projects.

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 - 4.46 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 $446,000.