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Commercially Zoned Industrial Land
For Sale
$295,000

150 Lancelot Road, Defuniak Springs, FL 32433

One-acre cleared industrial site with a 150-foot setback from the US-90 right-of-way.

Property SizeContact for details
Days on Market44

Property Features for 150 Lancelot Road

General Information

Standard status Active
Listing Agency:
Listed By: Brian and Mel Marshall
Source: Stagerightgroup.idxbroker
Added: Jul 1 Changed: Jul 21 Last Checked: Aug 12 at 3:22AM

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 Brian and Mel Marshall

Investment Insights

Based on property information with market context.

This for-sale commercial land offering consists of approximately 1 acre of commercially zoned property designed to support small-to-mid office/warehouse, contractor yard, service bay, storage facility, or flex-use development. The site is level and cleared, with a stated 150-foot setback from the US-90 right-of-way, helping provide buffer from highway activity while maintaining access to a major regional corridor. The property is also described as being within a Qualified Opportunity Zone.

Access is highlighted via proximity to I-10, with the site noted as being less than 2 miles to I-10 Exit 70 (SR-285 / Mossy Head Interchange). US-90 is identified as the primary business route paralleling I-10 across the Florida Panhandle, offering convenient connectivity to the Fort Walton Beach, Pensacola, Panama City, and Emerald Coast markets via the SR-285 and I-10 interchange.

The property’s configuration is positioned as well-suited for development where reduced site-prep and straightforward construction timing are priorities, based on the level, cleared condition.

Key Highlights

  • 1‑acre commercially zoned, level and cleared site for office/warehouse, contractor yard, service bay, storage, or flex‑use building
  • Direct access to I‑10 via less than 2 miles to Exit 70 (SR‑285 / Mossy Head Interchange) with on/off ramp access
  • 150‑foot setback from the US‑90 right‑of‑way for a buffer from highway noise while maintaining US‑90 regional accessibility

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

15
Businesses Nearby

Demographics for 32433, FL

18,036
Population
8,059
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
83%
High-School Grad
251.3 sq mi
ZIP Area
72
Density / Sq Mi
$51,604
Median Household Income
$35,086
Median Earnings
$1,045
Median Rent
$152,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - One-acre cleared industrial site with a 150-foot setback from the US-90 right-of-way.
Where is this commercial land located?
The property is located at 150 Lancelot Road Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1‑acre commercially zoned, level and cleared site for office/warehouse, contractor yard, service bay, storage, or flex‑use building; Direct access to I‑10 via less than 2 miles to Exit 70 (SR‑285 / Mossy Head Interchange) with on/off ramp access; 150‑foot setback from the US‑90 right‑of‑way for a buffer from highway noise while maintaining US‑90 regional accessibility
More about this property
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