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Commercial Land with Bayou Frontage
For Sale
$4,250,000

19494 Us Highway 331, Freeport, FL 32439

Commercial for Sale, Freeport, FL

Property SizeContact for details
Lot Size14.44 Acres
Days on Market853

Property Features for 19494 Us Highway 331

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial/Rura
Directions Property is located just North of Laird Dr on the West side of US Hwy 331 S. Please note: Rodney Dr. does not border this property.
Subdivision 20 - Freeport
Standard status Active
APN 34-1S-19-23000-014-0000
Lot size 14.44 Acres

Taxes and HOA fees

Tax Description COM AT THE SW/C OF SEC 34-1S- 19W THENCE N 87 DEG 35'E ALONG THE S BDY OF SEC 34 A DISTANCE OF 551.67FT TO IT'S INTER- SECTION WITH THE NW ROW LINE OF FLORIDA STATE HWY #83 (AKA US HWY 331) THENCE N 59 DEG 27'E ALONG SAID ROW LINE A DISTANCE OF 471.04FT TO A CONCRETE MONUMENT THENCE N 01 DEG 41'W 343.70FT TO A CONCRETE MONUMENT THENCE N 59 DEG 28'E 695.15FT TO POB OF THE FOLLOWING DESC TRACT OF LA
Legal Description COM AT THE SW/C OF SEC 34-1S- 19W THENCE N 87 DEG 35'E ALONG THE S BDY OF SEC 34 A DISTANCE OF 551.67FT TO IT'S INTER- SECTION WITH THE NW ROW LINE OF FLORIDA STATE HWY #83 (AKA US HWY 331) THENCE N 59 DEG 27'E ALONG SAID ROW LINE A DISTANCE OF 471.04FT TO A CONCRETE MONUMENT THENCE N 01 DEG 41'W 343.70FT TO A CONCRETE MONUMENT THENCE N 59 DEG 28'E 695.15FT TO POB OF THE FOLLOWING DESC TRACT OF LA

Utilities

Water front 1
Listing Agency: Merrifield & Pilcher Realty
Listed By: Sally R Merrifield · License #492292
Added: May 13, 2024 Changed: Sep 11 Last Checked: Sep 12 at 7:06AM
MLS# 949859

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 14.44-acre commercial land tract includes frontage along Mallet Bayou, which feeds into Choctawhatchee Bay, as well as a small pond with a dam. The property is undeveloped and includes mature oak trees. Land use covers Commercial on the front portion and Rural Residential on the remainder, according to Walton County land-use information.

Access is provided by approximately 300 feet along US Hwy 331 and approximately 550 feet along Laird Dr. The tract is located just north of the Clyde Wells Bridge, providing access toward South Walton and the beach. Davis Rd is referenced on several maps as the private drive into the property and is owned by the seller. The NWFWMD Flood Map places 68% of the property in Zone X.

Key Highlights

  • 14.44 acres of commercial land in Walton County
  • Approximately 300 ft on US Hwy 331
  • Approximately 550 ft on Laird Dr

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Dental Office Hair Salon Kitchen & Bath Showroom

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

41
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with bayou frontage, a pond, and access from US Hwy 331 and Laird Dr.
Where is this commercial land located?
The property is located at 19494 Us Highway 331 Freeport, FL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 14.44 acres of commercial land in Walton County; Approximately 300 ft on US Hwy 331; Approximately 550 ft on Laird Dr
More about this property
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