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Industrial Land with Redevelopment Potential
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37 Edgewood Circle, Defuniak Springs, FL 32435

4.7-acre industrial land parcel with income and redevelopment potential.

Property Size3,600 SF
Lot Size4.70 Acres
Price / SF$458.33
Days on Market1290

Property Features for 37 Edgewood Circle

General Information

Standard status Active
Size 3,600 SF
Lot size 4.70 Acres
Property subtype Industrial
Zoning Heavy Industrial
Listing Agency: Graham & Company Birmingham
Listed By: Kevin Williams · License #AL
Source: Crexi
Added: Mar 29, 2023 Changed: Oct 6 Last Checked: Oct 7 at 12:59PM

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 Graham & Company Birmingham

Investment Insights

Based on property information with market context.

This 4.7-acre lot offers excellent redevelopment potential. Zoned as heavy industrial in Walton County, the property is located 9 miles north of Freeport, Florida. The site currently generates $60,000 in ground lease income from the rear portion.

Key Highlights

  • Excellent redevelopment potential due to zoning and lot size.
  • Situated on a 4.7 acre lot.
  • Heavy industrial zoning in Walton County.

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Auto Repair Shop Wine and Liquor Store

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

8
Businesses Nearby

Demographics for 32435, FL

6,935
Population
2,885
Households
2.4
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
136.7 sq mi
ZIP Area
51
Density / Sq Mi
$63,017
Median Household Income
$39,030
Median Earnings
$742
Median Rent
$185,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 4.7-acre industrial land parcel with income and redevelopment potential.
Where is this industrial land located?
The property is located at 37 Edgewood Circle Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Excellent redevelopment potential due to zoning and lot size.; Situated on a 4.7 acre lot.; Heavy industrial zoning in Walton County.
(850) 348-0808 Call to check price and availability
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