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    20 Unit 1.91 Acr Freeport, FL 32439

    For Sale
    Contact for pricing

    1.92 Acres, Commercial Zoning, Ground Lease Only

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 1.92-acre commercial lot presents a unique investment opportunity in Freeport, Florida. Strategically located at the intersection of Highway 83-A and Highway 20, this property enjoys high visibility and convenient access. Its prime location is diagonally across from Freeport City Hall, ensuring a prominent presence within the community. The land is zoned for commercial use, offering a wide range of development possibilities. The property is offered as a ground lease only, providing a flexible and potentially cost-effective option for businesses seeking a strategic location. Ideal uses include, but are not limited to, a drop yard for trucking operations, equipment storage for construction or industrial businesses, or a mobile office location for contractors or service providers. The expansive acreage allows for ample space and maneuverability, making it suitable for various commercial ventures. Given its prime location and flexible zoning, this property represents a compelling investment opportunity for businesses seeking a high-visibility location in a growing community. The intersection of two major highways ensures excellent accessibility and exposure to a large volume of traffic. Serious inquiries are encouraged to explore the potential of this exceptional commercial land parcel. The ground lease structure offers a unique opportunity for businesses to establish a presence without the significant upfront investment of land purchase.

    Property Features for 20 Unit 1.91 Acr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    83,635 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.13691
    Latitude
    30.49841

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    FAQs

    What type of property is this?
    Commercial real estate - 1.92 Acres, Commercial Zoning, Ground Lease Only
    Where is this commercial real estate located?
    The property is located at 20 Unit 1.91 Acr Freeport, FL.
    What is the asking price?
    The asking price for this property is $3,300.
    (850) 835-6800
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    20 Unit 1.91 Acr 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

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    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
    20 Unit 1.91 Acr Freeport, FL 32439
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