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    17457 Us Highway 331 S Freeport, FL 32439

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    For Sale
    $1,299,000

    1.53 acre property with church building in Freeport, Florida.

    Property size:
    5,354 SF
    Lot size:
    1.41 Acres

    Property Features for 17457 Us Highway 331 S

    General Information

    Size
    5,354 SF
    Lot size
    1.41 Acres

    Source: J WATTS Properties Agent James Watts

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

    Overview

    Freeport Church on US Highway

    This 1.53-acre property is located south of the new Ships Chandler and 1.2 miles south of the intersection of US 331 and Hwy 20. The property includes a 5,354 square foot church building constructed in 1959. The church is of CMU construction and has a new roof. A 1,144 square foot mobile home from 1989 will be removed from the property prior to closing. The property is located within the Municipality of Freeport and is zoned C-1, "General Commercial District". There is a 6" water line on the front of the property. The property has two driveway cuts directly on US 331. There is a large, though damaged, sign on the road for the church. Freeport is experiencing rapid growth, being the fastest-growing city in Walton County and one of the fastest-growing cities in Florida. Sewer availability may be present, but verification with the city is advised.
    Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.1278267
    Latitude
    30.4725623

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    FAQs

    What type of property is this?
    Church & religious facility - 1.53 acre property with church building in Freeport, Florida.
    Where is this church & religious facility located?
    The property is located at 17457 Us Highway 331 S Freeport, FL.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - 1.53 acre property in Freeport, the fastest growing city in Walton County and one of the fastest growing in Florida.; - Located in the Municipality of Freeport with C-1 "General Commercial District" zoning.; - **5,354 sf CMU construction church building with a new roof.**
    (850) 240-6031
    Request Owner's contact information
    17457 Us Highway 331 S Freeport, FL 32439
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    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
    17457 Us Highway 331 S Freeport, FL 32439
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