Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15167 331 Business Freeport, FL

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Two freestanding buildings and warehouse on 4 acres in Freeport.

    Type:OFFICE
    Lot size:
    4.12 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    131
    Last Refresh:
    Apr 1 at 8:16 pm

    Property Features for 15167 331 Business

    General Information

    Standard status
    Active
    Lot size
    4.12 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 15167 331 Business Contact us

    We can help!

    Listing Contact
    Christopher Wooten
    Christopher Wooten

    Listing agent Christopher Wooten

    Listing office Taylor Allen Properties LLC

    Listing date Nov 24, 2025

    Source Moodyscre

    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 Taylor Allen Properties LLC

    Overview

    Freeport Commercial Campus Opportunity

    This commercial property in Freeport, Florida, features two freestanding buildings, one completed in 2019 with approximately 8,521 square feet and another completed in 2022 with approximately 6,545 square feet. Additionally, there is an approximately 6,700 square foot warehouse. The property is situated on over 4 acres along Business Highway 331. A development order is in place through the City of Freeport for potential expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.1311
    Latitude
    30.511

    Nearby Similar for Lease

    • $21/mo

      Freeport Flex Space Development

      40,000 SF development with high visibility and easy highway access.
      20431 Us Highway 331 S, Freeport, FL 32439
      View Details
    • Contact for pricing

      New Retail/Flex Development in Freeport

      Class A retail/flex space available Q1 2026 in Freeport, Florida.
      331 Business, Freeport, FL, 32439
      View Details
    • $43/mo

      Retail Space on US-331

      Retail space for lease in Freeport, FL, coming Spring 2026.
      US Highway 331, Freeport, FL 32439
      View Details
    • Contact for pricing

      Highway 331 Commercial Building

      3,000 SF building on 1.4 acres available for lease.
      17287 US-331, Freeport, FL 32439
      View Details
    • $16/mo

      New Freeport Office/Warehouse Development

      New Class A business park in Freeport, available Q1 2026.
      331 Business, Freeport, FL
      View Details
    • $20/mo

      Highway 331 Office Space

      3,000 SF office space on 1.4 acres available for lease.
      17287 US Highway 331 S, Freeport, FL
      View Details
    • Contact for pricing

      110 SF Executive Suites/Coworking Space For Lease (Floor 1, Suite 103)

      110 SF executive suite in Freeport, Florida with utilities.
      18235 US Highway 331 S, Freeport, FL 32439
      View Details
    • Contact for pricing

      5,175 SF Flex/R&D For Lease - 48 Commerce Lane - Suite 6-8

      5,175 SF flex/R&D space with warehouse and office/retail areas.
      32 Commerce Ln, Freeport, FL 32439
      View Details
    • $12/mo

      Freeport Warehouse Space Available

      4800 SF warehouse space for lease in Freeport, Florida.
      413 Bulldog Rd, Freeport, FL
      View Details
    • $30/mo

      New Class A Office Building

      New Class A office building in growing Freeport market.
      67 Joe Campbell Rd, Freeport, FL, 32439-4418
      View Details
    • $14/mo

      2,500 SF Freeport Light Industrial For Lease

      2,500 SF light industrial space in Freeport's thriving industrial park.
      363 Bulldog Rd, Freeport, FL 32439
      View Details
    • Contact for pricing

      New Flex Space in Freeport

      4,000+ SF flex space available for lease in Freeport, Florida.
      3820 FL-20, Freeport, FL
      View Details

    FAQs

    What type of property is this?
    Office building - Two freestanding buildings and warehouse on 4 acres in Freeport.
    Where is this office building located?
    The property is located at 15167 331 Business Freeport, FL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Two freestanding buildings totaling ±15,066 SF, ideal for corporate campus use.; Over 4‑prime acres of land along Business Highway 331 in Freeport, Florida.; Includes a ±6,700 SF warehouse.
    (850) 502-9900 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Christopher Wooten
    Christopher Wooten
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!