9014 Hwy 87 Allentown, FL 32570
This exceptional 221-acre vacant parcel presents a significant investment opportunity in rapidly growing Santa Rosa County, Florida. Strategically located at the corner of Highway 87 South and Interstate 10, this property boasts unparalleled accessibility and visibility. The expansive lot size offers tremendous potential for a wide range of commercial or residential developments, catering to the increasing demand for space in this thriving region. The property's location at a major highway intersection ensures high traffic volume and excellent exposure, making it ideal for businesses seeking maximum visibility and convenient access for customers. With its substantial acreage and prime location, this land presents a rare chance to capitalize on the area's robust growth trajectory. Detailed site surveys and environmental assessments are available upon request. The asking price for this remarkable property is $9,499,000. This represents a compelling investment opportunity for developers seeking a large-scale project in a high-growth area of Florida. The property is zoned for commercial use, offering flexibility for various development plans. All utilities are available to the site. Don't miss this chance to acquire a premier commercial land parcel in a prime location. Contact us today to learn more about this exceptional opportunity. The property address is 9014 S. Hwy 87, Milton, FL 32570.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.