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Prime Development Land Opportunity
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Pending

0 Jesse Allen Rd, Milton, FL 32570

157 acres in Milton, FL, ideal for development.

Property SizeContact for details
Lot Size157.00 Acres
Days on Market1603

Property Features for 0 Jesse Allen Rd

General Information

Standard status Pending
Lot size 157.00 Acres
Property subtype Land
Zoning AG-RR Rural Residential Agriculture
Listing Agency: PHD Realty
Listed By: Patty Helton Davis · License #AL 000061477-0
Source: Crexi
Added: Jun 10, 2022 Changed: Oct 28 Last Checked: Oct 28 at 5:43AM

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 PHD Realty

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Investment Insights

Based on property information with market context.

This 157-acre tract of land in Santa Rosa County presents a prime development opportunity for investors, homebuilders, and farmers. The property features over 2,200 feet of paved road frontage along Jesse Allen Rd and is conveniently located just a half-mile from Hwy 87. Situated one mile from Whiting Naval Air Station and approximately four miles from Point Baker Air Force Base, the location is ideal for military families. The seller is open to a leaseback option for the farmland, providing a steady income of $200.00 per acre. The property boasts a cleared and level landscape, enhancing its appeal for potential developers. Equipped with an irrigation system, this land is well-suited for farming or gardening. Located in the charming area of Allentown, Santa Rosa County, this property offers a tranquil and comfortable living environment. Residents can indulge in various recreational activities, including hunting, canoeing, and camping. Most residents in the area own their homes, and local public schools receive high ratings.

Key Highlights

  • 157‑acre property ideal for development, farming, or estate.
  • 2,227 feet of paved road frontage and convenient access to Hwy 87.**
  • Cleared and level land with no wetlands, ready for development.**

Property Analytics

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Location Intelligence

Trade Area within ½ mile

2
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - 157 acres in Milton, FL, ideal for development.
Where is this agricultural land / farmland located?
The property is located at 0 Jesse Allen Rd Milton, FL.
What is the asking price?
The asking price for this property is $2,041,000.
What are key features of this property?
This property features: 157‑acre property ideal for development, farming, or estate.; 2,227 feet of paved road frontage and convenient access to Hwy 87.**; Cleared and level land with no wetlands, ready for development.**
(251) 294-2057 Call to check price and availability
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