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: |
9/11/2023 |
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. The seller would consider a build to suit or ground lease — call broker to inquire for additional information 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). It would be the ideal location for a C-store or retail user with its 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: |
15-1N-27-0000-00104-0000 |
| 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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