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    Showroom and Warehouse on Highway Title is generated by Realmo AI

    6433 Old Hwy 90, Milton, FL

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    Showroom and warehouse with high visibility and income potential.

    Type:RETAIL
    Property size:
    9,840 SF
    Lot size:
    0.92 Acres
    Price / SF:
    $203/SF
    Added:
    Apr 25, 2024
    Days on Market:
    777
    Last Refresh:
    May 20 at 8:11 pm

    Property Features for 6433 Old Hwy 90

    General Information

    Standard status
    Active
    Size
    9,840 SF
    Lot size
    0.92 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Troy Doss
    Troy Doss

    Listing agent Troy Doss

    Listing office Salter Commercial LLC

    Listing date Apr 25, 2024

    Source Moodyscre

    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

    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.
    • Flexible occupancy - seller can vacate at closing.
    • Income potential: 1,200 SF currently leased for $950/month (lease ends Jan. 2026).
    • Includes additional rear lot 200' x 159' (.73 ac).

    Overview

    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.

    Local 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 (±1% cap)
    NOI $105,882 @ 7.0% cap · market cap 5.30%
    Second Best
    Warehouse
    $842.7K
    $737.4K – $983.2K (±1% cap)
    NOI $58,992 @ 7.0% cap · market cap 2.95%
    Theoretical Best
    Office A
    $2.42M
    $2.12M – $2.83M (±1% cap)
    NOI $169,610 @ 7.0% cap · market cap 8.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rad's Mobile X ... Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • SC Cabinetry and Surfaces — 6586 Caroline St, Milton, FL 32570
    • Broxson's Rugs and More — 5158 Dogwood Dr, Milton, FL 32570

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.0548
    Latitude
    30.61

    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.
    (850) 206-5487 Call to check price and availability
    More about this property
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