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• $1,500,000

Excellent opportunity to purchase a prime commercial 2.057-acre corner site located in East Milton, FL on Highway 87. This corner site has over 475' of frontage on Highway 87 (Southbound Side) with over 18,000 vehicles passing the site daily (FDOT AADT) and 470' of frontage on Fortune Road. It is less than 1.5 miles from Interstate 10 and is directly across from the new Dollar General and is in close proximity to new developments. Which includes Splash RV Resort and Water Park with over 400 RV sites, cottages and wagons on over 60 acres (1.5 miles away) and Yellow River Ranch a residential community on over 1,000 acres which plans to build almost 1,200 homes (1.5 Miles away). Navarre Beach is only a 20-minute drive south from this property.The property would be an ideal location for a Fueling Station, Quick Service Restaurant, Hardware Store, Multifamily or Self Storage units. Property is being leased for $2,500 a month to a construction company to store trucks and equipment. There is an 1,800 square foot metal warehouse on the property, which is being used for storage.

Listing provided courtesy of Coldwell Banker Realty

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