Industrial Land with Highway
For Sale
$2,995,000
20502 US-331, Freeport, FL 32439
Commercial for Sale, Freeport, FL
Property SizeContact for details
Lot Size3.41 Acres
Days on Market1225
Property Features for 20502 US-331
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
MapQuest: 20502 US-331, Freeport, FL 32439
Subdivision
20 - Freeport
Standard status
Active
APN
04-2S-19-24000-025-0000
Lot size
3.41 Acres
Taxes and HOA fees
Tax Description
COM CENTER OF SEC 4, RUN S 0 DEG 20 MIN W 169.9 FT; S 76 DEG 15 MIN E 416.9 FT TO HWY =331; N 26 DEG E100 FT; N 26 DEG 45 MIN E 150 FT; N 29 DEG 30 MIN E 345 FT; N 33 DEG 30 MIN E 50 FT; N 34 DEG E 100 FT TO BEG; N 56 DEG W 300 FT, N 34 DEG 15 MIN E 101.75 FT; N 35 DEG 30 MIN E 105 FT; N 37 DEG E 106.5 FT; S 53 DEG E 300 FT; S 30 DEG 30 MIN W 100 FT; S 35 DEG 30 MIN W TO BEG. V 234-205; ALSO: COM
Legal Description
COM CENTER OF SEC 4, RUN S 0 DEG 20 MIN W 169.9 FT; S 76 DEG 15 MIN E 416.9 FT TO HWY =331; N 26 DEG E100 FT; N 26 DEG 45 MIN E 150 FT; N 29 DEG 30 MIN E 345 FT; N 33 DEG 30 MIN E 50 FT; N 34 DEG E 100 FT TO BEG; N 56 DEG W 300 FT, N 34 DEG 15 MIN E 101.75 FT; N 35 DEG 30 MIN E 105 FT; N 37 DEG E 106.5 FT; S 53 DEG E 300 FT; S 30 DEG 30 MIN W 100 FT; S 35 DEG 30 MIN W TO BEG. V 234-205; ALSO: COM
Listing Agency:
Somers & Company
Listed By:
John Paul Somers · License #3210089
(850) 654-7777
Added: May 13, 2023
Changed: Sep 11
Last Checked: Sep 18 at 1:06PM
MLS# 923215
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 3.41-acre industrial land parcel fronts US-331 in Freeport, Florida, with approximately 310 feet of highway frontage. Its scale and linear exposure provide a substantial site area for future planning and development, subject to applicable approvals.
The property sits less than 1/2 mile north of the new bridge crossing the Choctawhatchee Bay in South Walton County. Industrial zoning is identified for the parcel, but buyers must verify future land use and zoning requirements with Walton County Planning & Zoning.
The property sits less than 1/2 mile north of the new bridge crossing the Choctawhatchee Bay in South Walton County. Industrial zoning is identified for the parcel, but buyers must verify future land use and zoning requirements with Walton County Planning & Zoning.
Key Highlights
- 3.41‑acre industrial land parcel
- Approximate 310' highway frontage on US‑331
- Less than 1/2 mile north of the new bridge crossing the Choctawhatchee Bay
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
40
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Industrial land - Industrial-zoned acreage positioned along US-331 near the new Choctawhatchee Bay bridge crossing.
Where is this industrial land located?
The property is located at 20502 US-331 Freeport, FL.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 3.41‑acre industrial land parcel; Approximate 310' highway frontage on US‑331; Less than 1/2 mile north of the new bridge crossing the Choctawhatchee Bay
