8854 Hwy 87

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30709665
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 11.78 - 25.17 Acres
Sale Price: $1,178,000 - 2,517,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 10/7/2021

Overview / Comments

Excellent opportunity to purchase up to 25.17 +/- Acres off of Highway 87 in Milton, Florida. The property is adjacent to the Santa Rosa NOLF military airport, which is an airfield that supports the helicopter training operations for the US Navy at Naval Air Station Whiting Field. The site is zoned HCD and would be the ideal location for a convenient store or retail user with its close proximity to the NAS Whiting Field military base and downtown Milton. The site consists of 2 parcels, which can be bought together or individually. Parcel A is to the North, and Parcel B is to the South. Highway visibility is ample.

Parcel A
APN: 09-1N-27-0000-00118-0000
Acres: 13.39
Frontage: 1,395 ft
Zoning: HCD
Price: $1,339,000

Parcel B
APN: 09-1N-27-0000-00117-0000
Acres: 11.78
Frontage: 993 ft
Zoning: HCD
Price: $1,178,000

Attachments & Media

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 09-1N-27-0000-00118-0000, 09-1N-27-0000-00117-0000
Zoning: HCD
Traffic/Vehicle Count: 15,400
Highway Access: Hwy 87 & I-10
Area Description: Milton is located North of Pensacola in the Florida Panhandle. Milton/Pace submarkets are located in Santa Rosa County, one of the fastest growing areas in the southeast. The properties are in proximity of the Pensacola International Airport and Northwest Florida Regional Airport. Also, it is has close access to the I-10 and is roughly 25 minutes to Pensacola.
Lot Frontage: Parcel A has 1,395 ft of frontage and Parcel B has 993 ft of frontage
Easements: Utilities

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,589 15,044
Median Age: 36.75 38.91
Households: 1,288 4,576
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