Property profile

8981 Hwy 87th S Milton, FL 32583

OFF-MARKET
Grocery and convenience stores
Property ID
US18-5502367
7,500 SF 6.05 ac lot Built 1986
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,500 SF
Lot 6.05 ac (263,582 SF)
Zoning code HCD
APN 09-1N-27-0000-01901-0000
UPID US18-5502367

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8981 Hwy 87th S Milton, FL 32583-7531
Milton metro Census 10809 PENSACOLA-FERRY PASS-BRENT, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$690k
CAP Approach CAP
by Request
Comparable Approach Comparable
$477k
Blend (final) Blend
$700k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2021
$903,800
2000
$1.1M

Zoning & alternative use

HCD · Milton, FL
Top alternative use upside
Office building $975,000 +6.2%

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
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