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40,000 SF Development Opportunity
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20431 US-331, Freeport, FL 32439

High-visibility commercial development with highway access in a growing market.

Space SizeContact for details
Property Size12,000 SF
Days on Market514

Property Features for 20431 US-331

General Information

Standard status Active
Size 12,000 SF
Class A
Property subtype Retail, Office, Industrial
Lease Type NNN

Building Details

Building Size 12,000 SF
Year Built 2025
Tenancy Single
Listing Agency: Bellcore Commercial
Listed By: Harry Bell · License #FL BK3026917
Source: Crexi
Added: Mar 27, 2025 Changed: Aug 8 Last Checked: Aug 21 at 7:08AM

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 40,000 SF development is situated on a key corridor to South Walton, offering high visibility and convenient highway access within a rapidly growing market. The property is suitable for warehouses, industrial properties, retail space, retail properties and spaces, office units, office properties and spaces, other warehouses, and general commercial real estate purposes. Given the limited warehouse availability in the area, this location presents an opportunity for businesses requiring versatile, high-quality space. Each unit features garage doors measuring 12' wide by 14' high. The anticipated completion date is Spring 2026.

Key Highlights

  • 40,000 SF development offering versatile, high‑quality space.
  • Located on a key corridor to South Walton with high visibility.
  • Easy highway access in a rapidly growing market.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Real Estate Agency Storage Facility Carpet & Flooring Store 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • En Route Storage 20383 US-331, Freeport, FL 32439

Frequently Asked Questions

What type of property is this?
Warehouse - High-visibility commercial development with highway access in a growing market.
Where is this warehouse located?
The property is located at 20431 US-331 Freeport, FL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 40,000 SF development offering versatile, high‑quality space.; Located on a key corridor to South Walton with high visibility.; Easy highway access in a rapidly growing market.
(850) 240-0527 Call to check price and availability
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