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    Freeport, FL 32439

    New
    For Sale
    $950,000

    LAND - Freeport, FL

    Lot size:
    0.69 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    County
    APN
    23-1S-19-23000-001-0110
    Lot size
    0.69 Acres

    Keller Williams Realty- Emerald Coast (850) 654-2900 [email protected]

    Listing agent Terry A Kemp License #3589291

    Listing date Dec 2, 2025

    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 Near Highway 20

    This property features approximately 1.2 acres of vacant commercial land situated in FEMA Flood Zone X. The location is 1.2 miles south of the intersection of Highway 20 and Highway 331. It is located across the street from Riverwalk Subdivision and Eglin Federal Credit Union, and is approximately 0.5 miles from Publix. A new Walmart has been approved for construction less than 1,000 feet away. Current traffic trends indicate an average of upwards of 30,000 vehicles per day. Water and electric utilities are already available on site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.125062
    Latitude
    30.480425

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with high traffic, near Highway 20 and Walmart.
    Where is this commercial land located?
    The property is located at 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 location: See 30,000 vehicles per day; - Proximity to new Walmart: Less than 1,000ft away; - Utilities on site: Water and electric are available
    (850) 654-2900
    Request Owner's contact information
    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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    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
    Freeport, FL 32439
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