Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Us Highway 331 Freeport, FL 32439

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $85,000

    Retail space available in a prime Freeport location.

    Property size:
    1,576 SF
    Lot size:
    1.15 Acres

    Property Features for Us Highway 331

    General Information

    Size
    1,576 SF
    Lot size
    1.15 Acres

    We can help!

    Listing Contact
    Harry Bell
    Harry Bell
    Source: Moodyscre

    Listing Agent: Harry Bell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space in Freeport

    Retail space is coming soon to Freeport, situated between a Verizon and a Dunkin Donuts. The development is located off US-331, which has a daily traffic count of 25,000 vehicles. US-331 spans 150 miles from Santa Rosa Beach, FL, to Montgomery, AL. The site is located next to national retailers and businesses such as Publix, McDonald’s, Waffle House, Dairy Queen, FedEx, UPS, Subway, Exxon, Shell, and many more. The property offers 1576 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.1077715
    Latitude
    30.5632438

    Nearby Similar for Lease

    • $21 SF/Yr
      39,986 SF

      Freeport Flex Space Development

      40,000 SF development with high visibility and easy highway access.
      20431 Us Highway 331 S, Freeport, FL 32439
      View Details
    • $16 SF/Yr
      7,500 SF

      New Freeport Office/Warehouse Development

      New Class A business park in Freeport, available Q1 2026.
      331 Business, Freeport, FL 32439
      View Details
    • $14 SF/Yr
      14,800 SF

      Prime Freeport Flex/R&D Space

      14,800 SF Flex Space Available in Freeport, FL
      13295 US-331 BUS, Freeport, FL 32439
      View Details
    • $30 SF/Yr
      13,900 SF

      New Class A Office Building

      New Class A office building in growing Freeport market.
      67 Joe Campbell Rd, Freeport, FL 32439
      View Details
    • $30 SF/Yr

      New Class A Office Building

      New Class A office building in growing Freeport market.
      67 Joe Campbell Rd, Freeport, FL 32439
      View Details
    • $14 SF/Yr
      22,500 SF

      Freeport Flex Space - 22,500 SF

      Versatile Freeport industrial space for lease.
      13295 US-331 BUS, Freeport, FL 32439
      View Details
    • $14 SF/Yr
      11,600 SF

      Freeport Flex Space: 2,000-11,600 SF

      Flexible Freeport Industrial Space for Lease
      13295 US-331 BUS, Freeport, FL 32439
      View Details
    • $4,000 /Mo

      New Retail/Flex Development in Freeport

      Class A retail/flex space available Q1 2026 in Freeport, Florida.
      331 331 Business, Freeport, FL 32439
      View Details
    • $18 SF/Yr
      3,300 SF

      Freeport Flex Space: 1,600-3,300 SF

      Prime Freeport industrial space for lease. Ideal for diverse businesses.
      13295 US-331 BUS, Freeport, FL 32439
      View Details
    • $14 SF/Yr
      11,600 SF

      Freeport Flex Space - 11,600 SF

      Flexible Industrial Space in Freeport, FL
      13295 US-331 BUS, Freeport, FL 32439
      View Details
    • $14 SF/Yr
      7,000 SF

      Freeport Industrial Space For Lease

      7,000 SF flex space in Alaqua Business Park.
      435 W county 83a highway, Freeport, FL 32439
      View Details
    • Contact for pricing
      32,400 SF

      Industrial Space in Freeport, Florida

      Industrial spaces available in rapidly expanding Freeport, Florida.
      Old Jolly Bay Rd, Freeport, FL 32439
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in a prime Freeport location.
    Where is this retail space located?
    The property is located at Us Highway 331 Freeport, FL.
    What are key features of this property?
    This property features: - Prime location between Verizon and Dunkin' Donuts.; - High daily traffic count of 25,000 vehicles.; - Located off US-331, a major highway spanning 150 miles.
    (850) 240-0527
    Request Owner's contact information
    Us Highway 331 Freeport, FL 32439
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Us Highway 331
    Freeport, FL 32439
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Us Highway 331 Freeport, FL 32439
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Harry Bell
    Harry Bell
    Real Estate License ID: #BK3026917
    (850) 240-0527
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.