Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6974 Highway 87 Milton, FL 32570
    Property profile & analytics

    6974 Highway 87, Milton, FL 32570

    View on Map

    • Retail space
    • 3,824 SF
    • 0.23 lot acres
    Highway 87 Commercial Land Opportunity For Sale
    $165,000

    Highway 87 Commercial Land Opportunity

    0.35 acre commercial land near NAS Whiting Field.

    6974 Highway 87, Milton, FL 32570
    View Listing
    Property ID
    US18-2836429
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 6974 Highway 87

    Year built
    1950
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Zone code
    HCD
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    16-2N-28-0000-03700-0000
    APU
    162N280000037000000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 11, 2022 $100,000 Black & Young LLC Princess Kat Properties LLC Special Warranty Deed —
    Jul 1, 2009 $325,000 Black & Young LLC Tiara Of Pensacola LLC Grant Deed —
    Jan 19, 2007 $325,000 Tiara Of Pensacola LLC Black,c W Warranty Deed —
    May 28, 2004 $85,000 C W Black Johnson,lewis C & Patricia A Warranty Deed —

    Description

    This exceptional 0.35-acre commercial land parcel is ideally situated on Highway 87 in Milton, Florida. Zoned HCD, this property presents a remarkable opportunity for retail development, particularly given its proximity to the NAS Whiting Field military base and downtown Milton. Boasting approximately 100 feet of frontage on Highway 87, the site enjoys high visibility and accessibility. The property is conveniently located within three miles of the NAS Whiting Field front gate, ensuring a strong potential customer base. Currently, a vacant 2,637 square foot wood-frame building sits on the site, offering potential for renovation or demolition. The sale includes two parcels: 16-2N-28-0000-03700-0000 and 16-2N-28-0000-00718-0000. The property's location directly across the street from a newly constructed Dollar General store further enhances its desirability and potential for immediate success. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing area of Santa Rosa County, Florida. The asking price for this exceptional property is $165,000. The property's address is 6974 Highway 87, Milton, FL 32570.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Milton
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.0534
    Latitude
    30.6891
    CBSA code
    37860
    CBSA name
    PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $970
    $26,775
    $43,861
    $70,636
    -
    $26,775
    $43,861
    $70,636
    View Listing
    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