W Spencer Field at N Spencer Field Road, Milton, Florida 32571

Prime Development Opportunity

This property, rezoned to HCD (Highway Commercial Development), offers numerous opportunities for commercial development aligned with the objectives of the HCD district. Developers and potential buyers should conduct thorough due diligence regarding local regulations, market demands, and other relevant factors when planning any development on the property. The property is situated at the northeast corner of N. Spencer Field Road and W. Spencer Field Road and is comprised of two parcels totaling approximately 5.85 acres. These parcels will not be subdivided. This is a corner lot, which can offer visibility and accessibility advantages for commercial development. Both parcels are currently undeveloped, with no existing structures and is located north of the Spencer Naval Outlying Field.

Rezoning Information: Originally zoned as Highway Commercial Development (HCD), both Parcel 1 and Parcel 2 have been successfully rezoned to HCD by the Milton Zoning Board and the Santa Rosa County Board of County Commissioners (SRC BCC).

HCD Zoning Description: The HCD zoning designation permits a wide range of commercial uses in accessible locations adjacent to major transportation corridors. These districts are typically situated near major intersections and areas characterized by medium to high-density residential development and intensive commercial activity. The goal of HCD zoning is to promote economic stability and the efficient delivery of public facilities and services.

Development Opportunities: The recent rezoning to HCD presents numerous opportunities for commercial ventures. Developers and investors can explore a variety of commercial uses suitable for the district’s objectives, such as retail outlets, restaurants, hotels, service stations, convenience stores, and entertainment venues. The strategic location adjacent to major transportation corridors offers significant visibility and accessibility, which can attract both local residents and passing motorists.