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Highway 87
Milton, FL 32583

Milton 10-Acre Development Site · Land For Sale · 10.00 AC

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Investment Highlights

Great Highway visibility

Convenient access to I-10

Executive Summary

Seller would consider GL; pricing negotiable depending on terms.

PROPERTY FACTS

Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	Ground Lease (Leased Fee) Lease Option	Proposed Use	Commercial Industrial Retail Office Restaurant Storefront, Retail or Office
No. Lots	2	Total Lot Size	10.00 AC
Property Type	Land	Cross Streets	Hickory Hammock Rd

Sale Type	Investment or Owner User
Sale Conditions	Ground Lease (Leased Fee) Lease Option
No. Lots	2
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Office Restaurant Storefront, Retail or Office
Total Lot Size	10.00 AC
Cross Streets	Hickory Hammock Rd

2 Lots Available

Lot 1

Price	$899,000	Lot Size	1.50 AC
Price Per AC	$599,333

Price	$899,000
Price Per AC	$599,333
Lot Size	1.50 AC

+/- 1.5 acre corner site which is a portion of the +/-10-acres that is proposed to be rezoned to HCD (subject to county approval).

Lot 2

Lot Size	8.50 AC

Lot Size	8.50 AC

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)

Description

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.

PROPERTY TAXES

Parcel Numbers	Multiple 15-1N-27-0000-00104-0000 16-1N-27-0000-00208-0000	Improvements Assessment	$0
Land Assessment	$1,725,638	Total Assessment	$1,725,638

PROPERTY TAXES

Parcel Numbers

Multiple

15-1N-27-0000-00104-0000
16-1N-27-0000-00208-0000

Land Assessment

$1,725,638

Improvements Assessment

Total Assessment

$1,725,638

zoning

Zoning Code	C (Commercial)
C (Commercial)

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Listing ID: 22432060
Date on Market: 3/9/2021
Last Updated:
Address: Highway 87, Milton, FL 32583

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