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Defuniak Springs Commercial Land Opportunity
For Sale
$1,375,000

1347 US HWY 331, Defuniak Springs, FL 32435

3.5 Acres Vacant Land For Sale In Defuniak

Property Size154,061 SF
Lot Size3.54 Acres
Price / SF$8.93
Days on Market571

Property Features for 1347 US HWY 331

General Information

Standard status Active
Property type Other land, Commercial land, Residential land & home lots, Land
Size 154,061 SF
Elevators N/A
Lot size 3.54 Acres

Building Details

Buildings 1
Stories 1
Listed By: Paul Salter
Added: Feb 17, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 3.54-acre commercial parcel is located in Defuniak Springs, Florida, at 1347 US HWY 331. The property is situated in a high-traffic location just north of I-10 and directly across from a Walmart Supercenter. The lot features 250 feet of frontage and 614 feet of depth. Zoned C-2, the property allows for a wide range of commercial uses. The area is experiencing significant growth, with new residential subdivisions and major retailers such as Starbucks and Chick-fil-A recently establishing a presence. This development creates a strong demand for retail, hospitality, and dining establishments. The property's size and location offer potential for a variety of commercial ventures. The property size is 154061 PropertySizeUnits.

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility HVAC Service

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

435
Businesses Nearby

Demographics for 32435, FL

6,935
Population
2,885
Households
2.4
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
136.7 sq mi
ZIP Area
51
Density / Sq Mi
$63,017
Median Household Income
$39,030
Median Earnings
$742
Median Rent
$185,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - 3.5 Acres Vacant Land For Sale In Defuniak
Where is this land located?
The property is located at 1347 US HWY 331 Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $1,375,000.
More about this property
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