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    OFF-MARKET
    Land

    Highway 87 S, , FL, Milton, AL 32583

    Property ID
    No photo on file
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    Property summary
    AI-generated overview

    Corner Parcel totaling +/-10.28 Acres on Hwy 87 centrally located between two major highways. This site includes 2 parcels Zoned HCD at the corner of Hwy 87 & Bent Tree Rd with a full median cut and less than a mile to the I-10 interchange and the US Hwy 90/Hwy 87 Intersection. The I-10/Hwy 87 corridor of Santa Rosa County is seeing extensive growth due to the increased demand for housing and the continued development of multiple distribution centers along the Hwy 87 corridor. Demographics within a 5 mile radius include a House Hold Income of $99,042 and a Total Population of 19,660 with new housing developments underway witin the surrounding area.

    Property profile
    Verified
    Property type Land
    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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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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