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    5118 Canal St Milton, FL 32570

    For Lease
    $18 SF/Yr ($4,665 /Mo)

    Freestanding retail space in historic downtown Milton for rent.

    Property size:
    3,110 SF
    Lot size:
    0.13 Acres

    Property Features for 5118 Canal St

    General Information

    Size
    3,110 SF
    Lot size
    0.13 Acres

    Source: Coldwell Banker Commercial Realty Agent Melissa Glyptis Simpson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Milton Retail Space

    This freestanding retail space is located on a corner parcel in historic downtown Milton, less than 500 feet from the lighted intersection of US Hwy 90 and Canal St. According to the FDOT, the combined traffic count is 27,700 AADT. The demographics within a 5-mile radius include an average household income of $97,711 and a total population of 52,534. The property offers 6 dedicated parking spots along the front entrance, with open parking available within the downtown area and along Oak St. Centrally located between US 90 and I-10, the 3110-square-foot site provides interstate access while maintaining a historic downtown location. Nearby attractions include restaurants, businesses, the Blackwater River Heritage Trail, Veterans Memorial Plaza, the West Florida Railroad Museum, the Panhandle Butterfly House & Nature Center, and Carpenters Park. The intended use of the property is retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HJ Steele & Co., ... Roofing Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.0389415
    Latitude
    30.6205816

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    FAQs

    What type of property is this?
    Retail space - Freestanding retail space in historic downtown Milton for rent.
    Where is this retail space located?
    The property is located at 5118 Canal St Milton, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location with an AADT of 27,700 reported by FDOT.; - Strong demographics: Benefit from an Average Household Income of $97,711 within a 5-mile radius.; - Prime location in Historic Downtown Milton near US Hwy 90 and Canal St.
    (850) 733-6532
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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
    5118 Canal St Milton, FL 32570
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