Property profile

2501 Avalon Blvd Milton, FL 32583

OFF-MARKET
Office Spaces
1.11 ac lot
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Property summary

AI-generated overview

This exceptional 1.105-acre commercial land parcel, located at 2501 Avalon Boulevard in Milton, Florida, presents a compelling investment opportunity. Situated just south of the newly constructed $42 million, 115,000 square foot Santa Rosa County Courthouse, this property benefits from significantly increased traffic and visibility. The site boasts 200 feet of frontage on a four-lane highway with a median, ensuring high exposure to the 68,000 cars per day traveling on I-10 and the 18,500 cars daily using the nearby off-ramp. Its strategic location in the heart of Santa Rosa County places it amidst established businesses including a Shell station, Red Roof Inn, Dollar General, Subway, and Waffle House. Zoned HCD, this property is well-suited for a variety of commercial uses, such as storage facilities, skilled trade businesses, or fast-food establishments. The asking price is $179,100, and the APN is 401N28009023500010. This is an ideal location for businesses seeking high visibility and convenient access to both Pensacola and Milton, Florida. The property's proximity to I-10 provides easy access to major transportation routes. The potential for development is significant, given the high traffic counts and the presence of established businesses in the immediate vicinity. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area.

Property profile

Verified
Property type Office Spaces
Lot 1.11 ac (48,134 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2501 Avalon Blvd Milton, FL 32583
Milton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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