92 Acres Prime Development
For Sale
$12,500,000
92 Acres W State Highway 20, Freeport, FL 32439
92 acres for commercial, mixed-use, or light industrial development.
Property SizeContact for details
Lot Size92.00 Acres
Days on Market1216
Property Features for 92 Acres W State Highway 20
General Information
Standard status
Active
Lot size
92.00 Acres
Property subtype
Commercial
Listing Agency:
PALMETTO PROPERTIES & REALTY LLC
(850) 835-4153
Listed By:
SHERRY L NELSON PARIS · License #3366280
Source:
Corcoran
Added: Apr 12, 2023
Changed: Aug 8
Last Checked: Aug 8 at 1:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PALMETTO PROPERTIES & REALTY LLC
Investment Insights
Based on property information with market context.
This 92-acre property, located within Freeport city limits, presents an opportunity for commercial, mixed-use, or light industrial development. Situated directly across Highway 20 from the Hammock Bay entrance, the location is positioned to benefit from the area's rapid growth and the increasing demand for commercial development. The site is suitable for a range of uses, including retail, medical centers, townhomes, office/warehouses, hotels, and grocery stores. A 14-acre portion of the property along Highway 20 features approximately 1320 feet of frontage, is cleared, and has utilities available. The remaining 78 acres to the north are wooded and have approximately 1500 feet of frontage on Ben King Road. The property offers convenient access to Eglin AFB, the Mid-Bay Bridge to Destin, and Highway 331 for north/south travel to the Interstate or the beach. Northwest Florida International Airport is approximately 30 minutes to the east via Highways 20 and 79.
Key Highlights
- 1.92 Acres in Freeport City Limits suitable for Commercial, Mixed Use, or Light Industrial Development.
- Prime location directly across from Hammock Bay entrance on Hwy 20.
- 14 acres on Hwy 20 with 1320 ft frontage, cleared, ready for development, and all utilities available.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 32439, FL
12,943
Population
6,772
Households
1.9
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
96.5 sq mi
ZIP Area
134
Density / Sq Mi
$77,500
Median Household Income
$40,358
Median Earnings
$1,657
Median Rent
$343,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 92 acres for commercial, mixed-use, or light industrial development.
Where is this commercial land located?
The property is located at 92 Acres W State Highway 20 Freeport, FL.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 1.92 Acres in Freeport City Limits suitable for Commercial, Mixed Use, or Light Industrial Development.; Prime location directly across from Hammock Bay entrance on Hwy 20.; 14 acres on Hwy 20 with 1320 ft frontage, cleared, ready for development, and all utilities available.**
