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    Highway 87 Milton, FL 32583

    For Sale
    $899,000

    1.5-Acre lot, Hwy 87, $899,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    Exceptional 1.5-acre commercial land parcel in Milton, Florida, is available for $899,000. Located on Highway 87, this property boasts excellent highway visibility and convenient access to I-10. The seller is open to build-to-suit or ground lease options. Additional acreage (up to approximately 8.5 acres) may be available for purchase

    Property Features for 0 Highway 87

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • High‑traffic Highway frontage provides excellent visibility.
    • Easy access to Interstate 10.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -86.9274855
    Latitude
    30.5778545

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    FAQs

    What type of property is this?
    Land - 1.5-Acre lot, Hwy 87, $899,000
    Where is this land located?
    The property is located at Highway 87 Milton, FL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: High-traffic Highway frontage provides excellent visibility.; Easy access to Interstate 10.;
    (850) 977-6991
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    Highway 87 Milton, FL 32583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Highway 87 Milton, FL 32583
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