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Milton Industrial Land For Sale

5001 Steriling Way, Milton, FL 32583

For Sale
$2,286,000

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

Property Size995,782 SF
Lot Size22.86 Acres
Price / SF$2.30
Days on Market608

Property Features for 5001 Steriling Way

General Information

Standard status Active
Property type Industrial land, Other land, Commercial land, Land
Size 995,782 SF
Elevators N/A
Lot size 22.86 Acres
Listed By: Paul Salter
Added: Mar 11, 2025 Changed: Mar 16
Rey
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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.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

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

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.
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