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    Property profile & analytics

    9014 Hwy 87 Allentown, FL 32570

    • Commercial real estate
    • 221.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US18-5801278
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 9014 Hwy 87

    Lot size
    221.00 lot acres
    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Santa Rosa
    State
    Florida
    Longitude
    -87.0224442
    Latitude
    30.8158292

    Comparable in this City

    • $165,000
      0.35 Acres

      Highway 87 Commercial Land for Sale

      Prime Milton, FL commercial lot, HCD zoned.
      6974 Highway 87, Milton, FL 32570
      View Details
    • $480,000
      40.00 Acres

      40 Acres of Cleared Land

      40 acres of cleared land north of Milton, Florida.
      7264 Springhill Rd, Milton, FL 32570
      View Details
    • $48,500
      3.50 Acres

      Land Near Milton Amenities

      Vacant land near shopping, dining, and hospitals in Milton.
      Wildwood Dr, Milton, FL 32570
      View Details
    • $39,000
      0.30 Acres

      Residential Lot in Waterfront Subdivision

      Approximately 1/3 acre lot in a waterfront subdivision.
      337g San Antonio Dr, Milton, FL 32570
      View Details
    • $47,000
      0.47 Acres

      Residential Lot Near Pensacola

      Interior lot near shopping, restaurants, I-10, and Pensacola.
      7-b Buffler Dr, Milton, FL 32570
      View Details
    • $39,000
      0.30 Acres

      Residential Lot in Waterfront Subdivision

      Interior lot in waterfront subdivision, approximately 0.3 acres.
      336f San Antonio Dr, Milton, FL 32570
      View Details

    Similar Nearby for Sale

    • $165,000
      0.35 Acres

      Highway 87 Commercial Land for Sale

      Prime Milton, FL commercial lot, HCD zoned.
      6974 Highway 87, Milton, FL 32570
      View Details
    • $480,000
      40.00 Acres

      40 Acres of Cleared Land

      40 acres of cleared land north of Milton, Florida.
      7264 Springhill Rd, Milton, FL 32570
      View Details
    • $48,500
      3.50 Acres

      Land Near Milton Amenities

      Vacant land near shopping, dining, and hospitals in Milton.
      Wildwood Dr, Milton, FL 32570
      View Details
    • $39,000
      0.30 Acres

      Residential Lot in Waterfront Subdivision

      Approximately 1/3 acre lot in a waterfront subdivision.
      337g San Antonio Dr, Milton, FL 32570
      View Details
    • $47,000
      0.47 Acres

      Residential Lot Near Pensacola

      Interior lot near shopping, restaurants, I-10, and Pensacola.
      7-b Buffler Dr, Milton, FL 32570
      View Details
    • $39,000
      0.30 Acres

      Residential Lot in Waterfront Subdivision

      Interior lot in waterfront subdivision, approximately 0.3 acres.
      336f San Antonio Dr, Milton, FL 32570
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      3,360 SF

      Prime Milton Retail Space Available

      High-traffic location, 3,360 SF retail space.
      6510 Caroline St, Milton, FL 32570
      View Details
    • $12 SF/Yr
      10,395 SF

      Prime Milton Retail Space

      10,395 SF End Cap, High Traffic Area
      5141 Dogwood Dr, Milton, FL 32570
      View Details
    • $12 SF/Yr
      3,700 SF

      Milton Retail Space - Corner Lot Lease

      High-traffic corner retail space; fenced lot, roll-up doors.
      5855 Stewart St, Milton, FL 32570
      View Details
    • $19 SF/Yr
      1,291 SF

      Milton, FL Flex Space For Lease

      Climate-controlled flex space with roll-up door.
      6317 - 6325 Dogwood Drive, Milton, FL 32570
      View Details
    • $850 /Mo
      174 SF

      Milton Office Space for Lease

      Prime Milton location, 174 sq ft office, full-service lease.
      6460 Justice Ave, Milton, FL 32570
      View Details
    • $16 SF/Yr
      2,371 SF

      Historical Office/Retail in Downtown Milton

      Freestanding, well-maintained office/retail space in historic downtown Milton.
      6849 Oak St, Milton, FL 32570
      View Details
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    9014 Hwy 87
    Allentown, 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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