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Prime Commercial Land in Freeport
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Pending

16564 US HWY 331 S, Freeport, FL 32439

Commercial land in mixed-use development near retail and residential areas.

Property SizeContact for details
Days on Market167

Property Features for 16564 US HWY 331 S

General Information

Standard status Pending
Property subtype Land
Listing Agency: Bellcore Commercial
Listed By: Harry Bell · License #FL BK3026917
Source: Crexi
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 8 at 6:42AM

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 Bellcore Commercial

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

Current Use

Commercial land

Suggested Use

Top Pick Dental Office HVAC Service Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Catering 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

175
Businesses Nearby

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
Rey
Questions? Ask Rey
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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 HWY 331 S 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.
More about this property
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