Prime Commercial Land in
For Sale
Contact for pricing
16564 US-331, Freeport, FL 32439
Commercial land in mixed-use development near retail and residential areas.
Property SizeContact for details
Days on Market927
Property Features for 16564 US-331
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
CBRE - Northwest FL
(850) 527-3524
Listed By:
Tom Watson · License #FL 3231614
Source:
Crexi
Added: Jan 22, 2024
Changed: Jul 6
Last Checked: Aug 3 at 8:59AM
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 CBRE - Northwest FL
Investment Insights
Based on property information with market context.
This commercial land is part of a master-planned, mixed-use development that includes a 226-unit, Class A apartment community currently under development. Situated on US Hwy 331, just south of State Road 20, the property is surrounded by established commercial and retail destinations, as well as new residential communities. This location is designed to attract local, commuter, and tourist retail traffic. The site shares a signaled intersection that serves as the primary access point for Freeport's only anchored shopping center, which is anchored by a Publix grocery store. The adjacent apartment community under development and its position as the first retail stop for tourists heading to the Beaches of South Walton enhance its appeal. This property is located in the rapidly growing Freeport/North Walton County market area.
Key Highlights
- Located on US Hwy 331, near State Road 20, capturing local, commuter, and tourist traffic.
- Part of The Waters at Freeport, a master‑planned, mixed‑use development including a 226‑unit apartment community.
- Positioned as the first retail stop for tourists driving to the Beaches of South Walton.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
175
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
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 - Commercial land in mixed-use development near retail and residential areas.
Where is this commercial land located?
The property is located at 16564 US-331 Freeport, FL.
What are key features of this property?
This property features: Located on US Hwy 331, near State Road 20, capturing local, commuter, and tourist traffic.; Part of The Waters at Freeport, a master‑planned, mixed‑use development including a 226‑unit apartment community.; Positioned as the first retail stop for tourists driving to the Beaches of South Walton.
