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    5994 FL-87 Milton, FL 32570

    • Land
    For Sale
    View listing
    $229,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 5994 FL-87

    Property type
    Land
    Property subtype
    Commercial land

    Description

    Great Opportunity for Commercial Property along HWY 87 approximately 1 mile from the New Publix Shopping Center along HWY 89. The property is located to the South of Weber's Skate World which is currently under expansion. Property is located in Santa Rosa County district and has been rezoned to HCD: Highway Commercial Development. **Property is not located within the City of Milton jurisdiction. Call Listing Agent Trey Potts 850-501-9101 with any questions.

    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
    -87.043
    Latitude
    30.6217

    Comparable in this City

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      COMMERCIAL SITE: 9.61+/-ACRES - HWY 87 For Sale

      COMMERCIAL SITE: 9.61+/-ACRES - HWY 87 For Sale
      5994 FL-87, Milton, FL 32570
      View Details
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      37 Acres Land For Sale - North of Milton

      37 Acres Land For Sale - North of Milton
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      1.38 Acres Land For Sale - Stewart St

      1.38 Acres Land For Sale - Stewart St
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    5994 FL-87
    Milton, FL 32570
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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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