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    5308 FL-87 Milton, FL 32583

    • Land
    For Sale
    View listing
    $1,800,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5308 FL-87

    Property type
    Land
    Property subtype
    Commercial land

    Description

    Property is located at the intersection of John Hamm Rd & Hwy 87 HCD Zoning 655.12 feet of frontage High Traffic Counts (AADT): Hwy 87 S 17,800 and Interstate 10 with 37,000 Direct access to Hwy 87 S and close proximity to I-10 Easy access to nearby military installations, such as Whiting Field

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    State
    Florida
    Longitude
    -87.0403
    Latitude
    30.6216

    Comparable in this City

    • Value Estimation by Request

      10 Acres Land For Sale Waterfront w/access to Gulf

      10 Acres Land For Sale Waterfront w/access to Gulf
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      6.10 Acres Commercial Land For Sale

      6.10 Acres Commercial Land For Sale
      Milton highway, Milton, FL 32583
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      12.72 Acres Development Opportunity For Sale

      12.72 Acres Development Opportunity For Sale
      5214 Pine Berry Rd, Milton, FL 32583
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    • Value Estimation by Request

      1.87 - 13 Acres Land For Sale - 6100 Hwy. 90 Milton, FL

      1.87 - 13 Acres Land For Sale - 6100 Hwy. 90 Milton, FL
      6100 us 90, Milton, FL 32583
      View Details
    • Value Estimation by Request

      0.92 Acres Commercial Lot For Sale

      0.92 Acres Commercial Lot For Sale
      8601 Hwy 87, Milton, FL 32583
      View Details
    • Value Estimation by Request

      3.0 +/- Acres Land for Sale

      3.0 +/- Acres Land for Sale
      Highway 90, Pace, FL 32583
      View Details

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    Similar Nearby for Lease

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    5308 FL-87
    Milton, FL 32583
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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