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    811 Us-331 Defuniak Springs, FL

    For Sale
    $385,000

    0.87 acre commercial land with high visibility and accessibility.

    Lot size:
    0.97 Acres

    Property Features for 811 Us-331

    General Information

    Lot size
    0.97 Acres

    Source: Somers & Company Agent John Paul Somers

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

    Overview

    Prime Commercial Land Opportunity

    This 0.87± acre commercial vacant land fronts Highway 331 within the city limits of DeFuniak Springs, Walton County, Florida. The property is strategically located approximately 1.5 miles from Interstate 10, offering visibility and accessibility. The commercial zoning allows for multiple uses, providing the freedom to explore diverse business opportunities. The high-traffic area ensures exposure, making it suitable for retail, office, or hospitality developments. The parcel is accessible from Highway 331 or 13th Street. The location is central to key destinations such as Niceville, Crestview, Eglin AFB, Destin, Fort Walton Beach, Scenic 30A, and Panama City Beach, making it suitable for capturing both local and tourist markets.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Defuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.12519
    Latitude
    30.72144

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    FAQs

    What type of property is this?
    Land - 0.87 acre commercial land with high visibility and accessibility.
    Where is this land located?
    The property is located at 811 Us-331 Defuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Prime commercial vacant land with high visibility on Highway 331.; - Strategically located approximately 1.5 miles from Interstate 10.; - 0.87± acres of land suitable for various business needs due to commercial zoning.
    (850) 654-7777
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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
    811 Us-331 Defuniak Springs, FL
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