For Sale
$3,000,000

Highway 87 S, , FL Milton, AL 32583

Prime commercial land, high-traffic location. Excellent development opportunity.

Source: https://www.saltercompany.com

Overview

Added:
Feb 27
Days on market:
60
This exceptional 10.28-acre corner parcel is strategically located on Highway 87 in Milton, Florida, offering unparalleled visibility and accessibility. The property boasts a full median cut, providing convenient ingress and egress for businesses. Situated between two major highways, this site benefits from exceptional traffic flow and proximity to the I-10 interchange and the US Hwy 90/Hwy 87 intersection, ensuring high exposure to potential customers. The land is comprised of two parcels zoned HCD (High-Density Commercial), presenting a multitude of development possibilities. The I-10/Hwy 87 corridor in Santa Rosa County is experiencing significant growth, driven by increased housing demand and the construction of numerous distribution centers. This presents a unique opportunity to capitalize on this burgeoning market. Supporting this growth, the surrounding area within a 5-mile radius demonstrates a strong demographic profile, with a total population of 19,660 and a household income of $99,042. New housing developments are underway, further solidifying the area's potential for continued expansion. This property is priced at $3,000,000 and offers an exceptional investment opportunity for developers and businesses seeking a high-visibility location in a rapidly growing area.

Highlights

  • Prime 10.28-acre corner lot on Hwy 87 in Milton, FL.
  • Full median cut provides excellent visibility and accessibility.
  • High-growth area with strong demographics; near I-10 and US Hwy 90.

Property Details for Highway 87 S, , FL

Property type
Land, Residential land & home lots
Square Feet
447,796 SF
Price / Square Foot
$6.70
Elevators
N/A
Lot Size (sq. ft)
447,797 SF

Location Insight

City
Milton
County
Santa Rosa
State
Alabama

FAQs

What type of property is this?
Land - Prime commercial land, high-traffic location. Excellent development opportunity.
Where is the land located?
The property is located at Highway 87 S, , FL Milton, AL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Prime 10.28-acre corner lot on Hwy 87 in Milton, FL.; Full median cut provides excellent visibility and accessibility.; High-growth area with strong demographics; near I-10 and US Hwy 90.
How can I contact the broker?
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Highway 87 S, , FL
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