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    1.2 Acres ~ Hwy 331 S Freeport, FL 32439

    For Sale
    $950,000

    LAND - Freeport, FL

    Lot size:
    1.20 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for 1.2 Acres ~ Hwy 331 S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    23-1S-19-23000-001-0110; 23-1S-19-23000-001-0111;
    Lot size
    1.20 Acres

    Utilities

    Sewer type
    Public Sewer

    Taylor Allen Properties LLC (850) 259-2894 [email protected]

    Listing agent Brett D Stuart (850) 424-5646 License #678851

    Listing date Oct 27, 2025

    MLS# 937058 Listing URL

    Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land on Highway 331

    This property features approximately 1.2 acres of vacant commercial land with about 150 feet of frontage on Highway 331. Situated south of the Highway 331 and Highway 20 intersection, it is located roughly 3/4 mile from the intersection and across the street from the new Eglin Federal Credit Union at Riverwalk Subdivision. The site is wooded and appears to be high and dry. According to 2022 FDOT data, the current traffic count is 29,000 vehicles per day. The surrounding area includes retail businesses such as Publix, McDonalds, Dairy Queen, Waffle House, Florida First Bank, Hungry Howies, and Ace Hardware. The property is zoned for commercial use and is located in Freeport, Florida.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.125184
    Latitude
    30.480235

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    FAQs

    What type of property is this?
    Commercial land - 1.2 acres of vacant commercial land with highway frontage.
    Where is this commercial land located?
    The property is located at 1.2 Acres ~ Hwy 331 S Freeport, FL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - High traffic count: 29,000 vehicles per day (2022 FDOT).; - **1.2 acres +\/- of vacant commercial land with 150 feet of highway frontage.**; - Located near the Highway 331 / Highway 20 intersection.
    (850) 424-5646
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    1.2 Acres ~ Hwy 331 S Freeport, FL 32439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1.2 Acres ~ Hwy 331 S Freeport, FL 32439
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