Milton 10-Acre Development Site

Vacant Land for Sale
Catylist Listing ID: 30713795
Property Subtypes: Industrial, Office, Retail, Retail-Pad, Other
Gross Land Area: 1.50 - 10 Acres
Sale Price: $899,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2021

Overview / Comments

Incredible developer opportunity to purchase up to +/- 10 Acres off of Highway 87 in Milton, Florida. The proposed +/-1.5-acre corner piece is available for purchase of $899,000 or seller would consider a build to suit or ground lease. Call broker to inquire for additional information and regarding pricing on the remaining +/-8.5 Acres. 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 proposed to be rezoned (subject to county approval) and would be the ideal location for a C-store or retail user with it's close proximity to the NAS Whiting Field military base and downtown Milton.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Santa Rosa
Tax ID/APN: 16-1N-27-0000-00208-0000
Zoning: COMMERCIAL
Property Visibility: Excellent
Legal Description: TBD (pursuant to survey).
Traffic/Vehicle Count: 18,000
Highway Access: Hwy 87 & I-10
Site Description: Call broker for pricing and additional information on the remaining acreage. The site is a portion of the +/-10-acres that is proposed to be rezoned to HCD (subject to county approval)
Area Description: Milton is located North of Pensacola in the Florida Panhandle. It’s an upcoming area of Santa Rosa County. The properties are in proximity of the Pensacola International Airport and Northwest Florida Regional Airport. Also, it has close access to the I-10 and is roughly 25 minutes to Pensacola.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,048 13,468
Median Age: 45.38 38.43
Households: 824 3,946
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