Showroom and Warehouse on
6433 Old Hwy 90 Milton, FL
For Sale
Contact for pricing
Showroom and warehouse with high visibility and income potential.
Property Size9,840 SF
Lot Size0.92 Acres
Price / SF$203.15
Days on Market823
Property Features for 6433 Old Hwy 90
General Information
- Standard status
- Active
- Size
- 9,840 SF
- Lot size
- 0.92 Acres
- Property subtype
- RETAIL
Listing Agency:
Salter Commercial LLC
(850) 206-5487
Listed By:
Troy Doss
(850) 206-5487
Source:
Moodyscre
Added: Apr 25, 2024
Changed: Jul 6
Last Checked: Jul 21 at 4:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Salter Commercial LLC
Investment Insights
Based on property information with market context.
This property features a showroom entrance leading to a total of 10 offices and 4 bathrooms. The showroom and office area encompass 4,200 square feet, while the warehouse area provides 5,640 square feet of space. The warehouse includes one dock-high loading door and one drive-in door. The eave height is 12 feet, rising to 14 feet at the center with a clear span. The property benefits from high visibility, with a daily traffic count of 40,500 cars on Highway 90. A 1,200 square foot space in the front left corner is currently leased for $950.00, with the lease ending in January 2026. The sale includes a rear lot measuring 200' x 159' (.73 acres), which is considered wetlands. The total property size is 9,840 square feet. The current owner can vacate the property at closing, as the business is relocating.
Key Highlights
- High traffic visibility with 40,500 cars daily on Hwy 90.
- Large showroom/office and warehouse space: 4,200 SF showroom/office and 5,640 SF warehouse.
- Warehouse features one dock‑high loading door and one drive‑in door.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $165.3k | $16.80 |
| − Vacancy | −$14.1k | −$1.43 |
| EGI | $151.3k | $15.37 |
| − OpEx | −$45.4k | −$4.61 |
| NOI | $105.9k | $10.76 |
9,840 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.51M
$1.32M – $1.76M
NOI $105,882 @ 7.0% cap · market cap 5.30%
Second Best
Warehouse
$842.7K
$737.4K – $983.2K
NOI $58,992 @ 7.0% cap · market cap 2.95%
Theoretical Best
Office A
$2.42M
$2.12M – $2.83M
NOI $169,610 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rad's Mobile X ...
Medical Clinic
Similar Off Market Nearby
- Milton Carpet Center — 4871 Glover Ln, Milton, FL 32570
- Vinyl Plank 4 Less — 4821 Glover Ln, Milton, FL 32570
FAQs
What type of property is this?
Showroom - Showroom and warehouse with high visibility and income potential.
Where is this showroom located?
The property is located at 6433 Old Hwy 90 Milton, FL.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: High traffic visibility with 40,500 cars daily on Hwy 90.; **Large showroom/office and warehouse space:** 4,200 SF showroom/office and 5,640 SF warehouse.; Warehouse features one dock‑high loading door and one drive‑in door.
