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Prime Commercial Land on Highway 90
For Sale
$525,000

5063 Caroline St, Milton, FL 32571

0.94 Acres RETAIL TRADE CORRIDOR LAND HWY 90 For Sale

Property Size40,946 SF
Lot Size0.94 Acres
Price / SF$12.82
Days on Market555

Property Features for 5063 Caroline St

General Information

Standard status Active
Property type Other land, Commercial land, Residential land & home lots, Land
Size 40,946 SF
Elevators N/A
Lot size 0.94 Acres
Listing Agency:
Listed By: Paul
Added: Feb 14, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 0.94-acre commercial parcel is located at 5063 Caroline St in Milton, Florida. The property features 197 feet of frontage on Highway 90, a major thoroughfare with a daily traffic count of 34,500 vehicles (2024 data). The location is within a retail corridor near national retailers, including Walmart, Target, Lowe's, and Home Depot. Other nearby businesses include McDonald's, Ruby Tuesday, Ulta, Panera, Moe's, Publix, and TJ Maxx. The property benefits from a turn lane and is situated just before a lighted intersection, enhancing accessibility and visibility. Signage opportunities are available along Highway 90. The site is located along a main commuter route to the Pensacola employment base, providing access to a large potential customer base. The property is situated just past a median cut. The property size is 40946.

Property Analytics

Current Use

Land

Suggested Use

Top Pick Building Supply Garden Center Home Appliance Store Plumbing Service Kitchen & Bath Showroom Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 32571, FL

38,885
Population
15,041
Households
2.6
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
112.6 sq mi
ZIP Area
345
Density / Sq Mi
$89,137
Median Household Income
$46,400
Median Earnings
$1,186
Median Rent
$281,600
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Land - 0.94 Acres RETAIL TRADE CORRIDOR LAND HWY 90 For Sale
Where is this land located?
The property is located at 5063 Caroline St Milton, FL.
What is the asking price?
The asking price for this property is $525,000.
More about this property
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