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    1118 North Norwood Rd Defuniak Springs, FL 32433

    For Sale
    $2,325,000

    310 acres suitable for residential, agricultural, or data center development.

    Lot size:
    310.00 Acres

    Property Features for 1118 North Norwood Rd

    General Information

    Lot size
    310.00 Acres

    Source: CBRE, Inc. Agent Thomas D. Watson

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

    Overview

    310 Acres Near Highway 90

    This property features approximately 310 acres of land near US Highway 90 and I-10, providing excellent access and visibility. The site is suitable for residential, agricultural, recreational, or data center development. It is strategically located in Defuniak Springs, the county seat of Walton County, which is recognized as the fastest-growing county in Florida and the fourth-fastest in the United States. The property is situated minutes from the newly expanded DeFuniak Springs Municipal Airport terminal, a key regional aviation hub, and South Walton beaches, known as some of the most scenic and heavily visited beachfront communities in Florida.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Defuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.0854116
    Latitude
    30.7668446

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    FAQs

    What type of property is this?
    Land - 310 acres suitable for residential, agricultural, or data center development.
    Where is this land located?
    The property is located at 1118 North Norwood Rd Defuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $2,325,000.
    What are key features of this property?
    This property features: - ±310 acres with excellent access and visibility near US Highway 90 and I-10.; - Located in Defuniak Springs, the county seat of Walton County, the fastest-growing county in Florida and the 4th fastest in the U.S.; - Suitable for residential, agricultural, recreational, or data center development.
    (850) 527-3524
    Request Owner's contact information
    1118 North Norwood Rd Defuniak Springs, FL 32433
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    Defuniak Springs, FL 32433
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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
    1118 North Norwood Rd Defuniak Springs, FL 32433
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