Freestanding Storefront
For Sale
Contact for pricing
7060 Hwy 90, Milton, FL 32583
HCD-zoned site with open interior areas, private offices, and a covered patio enclosed by fencing.
Property Size9,488 SF
Lot Size1.47 Acres
Price / SF$231.87
Days on Market48
Property Features for 7060 Hwy 90
General Information
Standard status
Active
Size
9,488 SF
Lot size
1.47 Acres
Property subtype
RETAIL
Zoning
HCD
Site & Location
Corner Location
Yes
Traffic Count
24,500 vehicles/day
Amenities
large open rooms
dedicated private offices
fenced in covered front patio
Listing Agency:
Bellcore Commercial LLC
(850) 434-3434
Listed By:
Melissa Glyptis Simpson, CCIM · License ##BK3338591
(919) 402-3295
Source:
Moodyscre
Added: Sep 1
Changed: Oct 14
Last Checked: Oct 16 at 9:18AM
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 Bellcore Commercial LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding storefront property contains 9,488 square feet on 1.467 acres in Santa Rosa County. The building offers 12.4-foot ceiling heights, expansive open rooms, dedicated private offices, and a covered front patio enclosed by fencing. The HCD zoning designation is also supported by a corner-oriented site configuration along US Hwy 90.
Access features include a median opening at Johnson and a dedicated turn lane. FDOT reports 24,500 AADT, while the property is 3.5 miles from Hwy 87, 3 miles from I-10, and less than 0.5 miles from Historic Downtown Milton. The site occupies corners at Johnson and Bayou, providing multiple points of roadway orientation.
Access features include a median opening at Johnson and a dedicated turn lane. FDOT reports 24,500 AADT, while the property is 3.5 miles from Hwy 87, 3 miles from I-10, and less than 0.5 miles from Historic Downtown Milton. The site occupies corners at Johnson and Bayou, providing multiple points of roadway orientation.
Key Highlights
- 9,488‑square‑foot freestanding storefront on 1.467 acres
- HCD zoning in Santa Rosa County
- Frontage along US Hwy 90 with corners at Johnson and Bayou
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,095
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,041,900
$2.0M
Cap Rate 7%
$1,458,500
$1.5M
Cap Rate 9%
$1,134,389
$1.1M
Market Conditions
NOI Build-Up for 9,488 SF
Gross rent
$159.4K $16.80/SF
− Vacancy
−$13.5K −$1.43/SF
EGI
$145.8K $15.37/SF
− OpEx
−$43.8K −$4.61/SF
NOI
$102.1K $10.76/SF
Area
Santa Rosa County, FL
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,041,900
Cap Rate 7%
$1,458,500
Cap Rate 9%
$1,134,389
Alternative Uses
Best Use
Retail
$1.46M
$1.28M – $1.70M
NOI $102,095 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.34M
$2.04M – $2.73M
NOI $163,543 @ 7.0% cap · market cap 7.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
24,500 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The Purple Tulip Florist Inc. — 5418 Stewart St, Milton, FL 32570
Frequently Asked Questions
What type of property is this?
Storefront property - HCD-zoned site with open interior areas, private offices, and a covered patio enclosed by fencing.
Where is this storefront property located?
The property is located at 7060 Hwy 90 Milton, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 9,488‑square‑foot freestanding storefront on 1.467 acres; HCD zoning in Santa Rosa County; Frontage along US Hwy 90 with corners at Johnson and Bayou
