Fl-87 Milton, FL 32583
- Land
- 27.50 lot acres
Current Use by Public Records
- Land
Property Details for 0 Fl-87
- Lot size
- 27.50 lot acres
- Property type
- Land
Description
This exceptional 27.5-acre commercial land parcel presents a remarkable development opportunity in rapidly growing Milton, Florida. Strategically located at the southeast corner of Interstate 10 (37,000 AADT) and Highway 87 (17,800 AADT), this property boasts excellent visibility and accessibility. The site comprises two parcels, approximately 14.4 acres and 13.1 acres, offering flexibility for various development plans. Its prime location less than one mile south of the fully occupied Santa Rosa Industrial Park, which includes a new Amazon Distribution Center, ensures strong potential for future growth and high demand. Interstate 10, a major artery connecting the Florida panhandle's beaches, provides significant traffic flow for businesses located on this site. A planned traffic light at the southernmost entrance on Ray Helms Road will further enhance accessibility. Milton's projected annual population growth exceeding 1% annually (2023-2028) underscores the long-term investment potential. The property is conveniently situated less than 25 miles east of Pensacola and under 30 miles north of Navarre, offering proximity to significant population centers and tourism destinations. This is an exceptional opportunity to capitalize on the burgeoning commercial market in this high-growth area of Florida. The permitted zoning is commercial, allowing for a wide range of development possibilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Milton
- County
- Santa Rosa
- State
- Florida
- Longitude
- -86.9275
- Latitude
- 30.5779
