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Industrial Land in Opportunity Zone
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Municipal Dr, Milton, FL 32570

Three parcels of industrial land in a proposed Opportunity Zone.

Days on Market686

Property Features for Municipal Dr

General Information

Standard status Active
Property subtype Land
Listing Agency: Alliance Real Estate
Listed By: David Wu · License #Florida CQ1055862
Source: Crexi
Added: Sep 16, 2024 Changed: Jul 6 Last Checked: Aug 1 at 2:49PM

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 Alliance Real Estate

Investment Insights

Based on property information with market context.

Three parcels of land, currently zoned for industrial use, are located in a proposed Opportunity Zone Tract (12113010600). Parcel 1 and Parcel 2 are intersected by what could be an extension of Escambia St. in the future. The property is situated just south of Hwy 90, a main arterial roadway connecting East Milton to Pace and Pensacola. Vacant land along Municipal and Elmira St is sparse. The property is suited for investment or development. There exists a 25' easement so the owner of this lot can access the riverfront. There may be some wetlands on the property, so a wetlands survey needs to be done to determine how much land is available for development.

Key Highlights

  • Located in a proposed Opportunity Zone Tract.
  • Zoned for industrial use.
  • Proximity to Hwy 90, a major arterial roadway.

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

Demographics for 32570, FL

33,144
Population
15,387
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
301.1 sq mi
ZIP Area
110
Density / Sq Mi
$73,615
Median Household Income
$38,394
Median Earnings
$1,233
Median Rent
$240,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Three parcels of industrial land in a proposed Opportunity Zone.
Where is this industrial land located?
The property is located at Municipal Dr Milton, FL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Located in a proposed Opportunity Zone Tract.; Zoned for industrial use.; Proximity to Hwy 90, a major arterial roadway.
(850) 393-9455 Call to check price and availability
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