Commercial Development Land
For Sale
Contact for pricing
16740 US-331, Freeport, FL 32439
Zoned R3, four-acre tract positioned behind a new Publix shopping center in Freeport.
Property SizeContact for details
Lot Size4.00 Acres
Days on Market133
Property Features for 16740 US-331
General Information
Standard status
Active
Lot size
4.00 Acres
Property subtype
Land
Zoning
R3
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
RE/MAX Five Star
(770) 861-2966
Listed By:
Bobby Parish · License #417829
Source:
Crexi
Added: Apr 12
Changed: Aug 14
Last Checked: Aug 14 at 7:48AM
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 RE/MAX Five Star
Investment Insights
Based on property information with market context.
This is a four-acre commercial land site measuring 210’ x 840’, located directly behind and west of a new Publix Shopping Center. The property’s R3 zoning allows for a range of development possibilities, including multi-family and self storage, subject to applicable approvals. Survey and environmental reporting are available, and the seller has outlined a due diligence and closing timeline of 45 days for due diligence and 60 days to close, with all information to be verified by the buyer.
The tract is positioned in Freeport, Florida, adjacent to the “Lafayette Creek Landing” subdivision. The seller notes that, as it relates to apartment development, zoning density allows for 1 apartment per 3,000 square feet, equating to 58 units, with an additional density bonus that may increase this number to 116 units. Buyer should confirm all development parameters and feasibility with local authorities.
The tract is positioned in Freeport, Florida, adjacent to the “Lafayette Creek Landing” subdivision. The seller notes that, as it relates to apartment development, zoning density allows for 1 apartment per 3,000 square feet, equating to 58 units, with an additional density bonus that may increase this number to 116 units. Buyer should confirm all development parameters and feasibility with local authorities.
Key Highlights
- 4‑acre commercial development site (210’ x 840’) behind and west of a new Publix Shopping Center in Freeport, FL
- Zoned R3 allows multiple development types including multi‑family, apartments, and self storage (buyer to verify permitted uses)
- Apartment density allowance of 1 unit per 3,000 SF, equating to 58 units (may be increased to 116 with density bonus)
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
222
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Zoned R3, four-acre tract positioned behind a new Publix shopping center in Freeport.
Where is this commercial land located?
The property is located at 16740 US-331 Freeport, FL.
What are key features of this property?
This property features: 4‑acre commercial development site (210’ x 840’) behind and west of a new Publix Shopping Center in Freeport, FL; Zoned R3 allows multiple development types including multi‑family, apartments, and self storage (buyer to verify permitted uses); Apartment density allowance of 1 unit per 3,000 SF, equating to 58 units (may be increased to 116 with density bonus)
