Property profile

Municipal drive Milton, FL 32570

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This approximately 1/4-acre vacant lot presents a unique opportunity within the RC-1 Residential Commercial District, a mixed-use zoning area designed to promote redevelopment in the heart of the City of Milton. Located across from the City of Milton sewage treatment facility and just a short distance from the Blackwater River and downtown, this lot is ideally positioned for those looking to capitalize on the area's revitalization efforts. The property measures 100' x 100', providing ample space for development. The RC-1 zoning encourages a planned mixture of residential, commercial, and office uses, making it perfect for a wide variety of projects. This district fosters traditional neighborhood development, offering an interconnected network of circulation systems ideal for walking, biking, and driving, which aligns with the ongoing growth of the midtown and downtown areas. Ancillary uses and amenities appropriate for this vibrant area are also encouraged, adding to the property's potential. With its strategic location and flexible zoning, this lot offers tremendous possibilities for those seeking to be part of Milton's future.

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

Location

Municipal drive Milton, FL 32570
Milton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$45k

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Municipal drive?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message