0 Municipal Dr Milton, FL 32570
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.