Industrial Land in Opportunity
For Sale
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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
(850) 393-9455
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
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
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Business Placement
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
Questions? Ask 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.