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Commercial Land Near Interstate Access
For Sale
$995,000
Pending

1586 US-331, Defuniak Springs, FL 32435

Land, DeFuniak Springs, FL

Property SizeContact for details
Lot Size3.00 Acres
Days on Market833

Property Features for 1586 US-331

General Information

Property type Land
Property subtype Other
Zoning City, Commercial
Subdivision METES & BOUNDS
Elementary school West Defuniak
Middle school Walton
High school Walton
Directions Mapquest 1586 US-331, DeFuniak Springs, FL 32435
Standard status Pending
APN 03-2N-19-18000-013-0000
Lot size 3.00 Acres

Taxes and HOA fees

Tax Description Walton County Parcel ID: 03-2N-19-18000-013-0000
Legal Description Walton County Parcel ID: 03-2N-19-18000-013-0000
Listing Agency: Somers & Company
Listed By: John Paul Somers · License #3210089
Added: Jun 3, 2024 Changed: Aug 19 Last Checked: Sep 13 at 5:06AM
MLS# 951332

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land parcel encompasses 3 acres along US Highway 331 South in DeFuniak Springs, Florida. The property is positioned approximately 0.4+/- miles north of Interstate 10, providing a clearly identified connection to the interstate corridor.

The site is located in Walton County and offers geographic reach toward South Walton County, Destin, Fort Walton, Panama City, and Crestview. An existing survey is available under the Documents tab. The property is identified for commercial use within the City of DeFuniak Springs zoning information.

Key Highlights

  • 3 acres of commercial land
  • Located along US Highway 331 South
  • Approximately 0.4+/- miles north of Interstate 10

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Garden Center Building Supply Carpet & Flooring 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

140
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
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Commercial land - Three-acre commercial land along US Highway 331 with access to Interstate 10.
Where is this commercial land located?
The property is located at 1586 US-331 Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 3 acres of commercial land; Located along US Highway 331 South; Approximately 0.4+/- miles north of Interstate 10
More about this property
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