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Property profile & analytics
OFF-MARKET
Office Spaces

4640 Parkmore Plaza Dr Milton, FL 32570

10.45 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10.45-acre property boasts prime commercial real estate potential in Milton, Florida. Strategically located with 49 feet of frontage on Highway 90, offering unparalleled visibility and accessibility. The property also features 782 feet of frontage on Parkmore Plaza Drive and 280 feet on Old Bagdad Highway, providing ample space for development. The site includes a fully leased 9,600 square foot office building, generating consistent rental income. Additionally, a 1,519 square foot residential home is situated on the property. The land is zoned HCD (Highway Commercial District), allowing for a wide range of commercial uses. This versatile property presents a unique opportunity for investors seeking high-impact development in a rapidly growing area. The fee simple ownership provides complete control and flexibility for future projects. The Santa Rosa County location, with its convenient access to Highway 90 and surrounding infrastructure, makes this an attractive investment opportunity. The property's APN is 08-1N-28-0000-04700-0000. The asking price is $2,600,000.

Property profile
Verified
Property type Office Spaces
Lot 10.45 ac (455,202 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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