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Property profile & analytics
OFF-MARKET
Land

0 Municipal Dr Milton, FL 32570

3.07 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.07-acre commercial land parcel in Milton, Florida (32570), presents a compelling investment or development opportunity. Located in Santa Rosa County, this property consists of three parcels within a proposed Opportunity Zone Tract (12113010600) and is currently zoned for industrial use. The land is strategically situated just south of Highway 90, a major thoroughfare connecting East Milton to Pace and Pensacola, offering excellent accessibility. Parcels 1 and 2 are positioned to potentially benefit from a future extension of Escambia Street. The scarcity of vacant land along Municipal and Elmira Streets further enhances the property's value. A significant advantage is the inclusion of a 25-foot easement granting riverfront access. The asking price is $198,500, translating to approximately $64,657 per acre. The APN numbers are 03-1N-28-2530-05000-0070

Property profile
Verified
Property type Land
Lot 3.07 ac (133,729 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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