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Industrial-Zoned Mixed-Use Property
For Sale
$1,400,000

428 W Us Highway 90, Defuniak Springs, FL 32433

Commercial for Sale, DeFuniak Springs, FL

Property SizeContact for details
Lot Size6.00 Acres
Days on Market492

Property Features for 428 W Us Highway 90

General Information

Property type Commercial Sale
Property subtype Other
Zoning industrial
Directions corner of Hwy 90 West and 20th street located around Oriely's Auto Parts
Subdivision 23 - North Walton County
Standard status Active
APN 25-3N-19-19070-001-8320
Lot size 6.00 Acres

Taxes and HOA fees

Tax Description TBD by survey.
Legal Description TBD by survey.
Listing Agency: Iron Horse Realty Of Nw Florid
Listed By: Charles A McKinley · License #3144290
Added: Jun 23, 2025 Changed: Oct 1 Last Checked: Oct 27 at 2:06PM
MLS# 979423

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.

Rey
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Investment Insights

Based on property information with market context.

This approximately 6-acre mixed-use property includes more than 10,000 square feet of improvements across office, warehouse, and industrial shop areas. The site also includes parking, outdoor storage, a chain-link-fenced parking area, and an apartment. It is currently operated as a self-storage facility, although the property will carry a deed restriction prohibiting self-storage use at closing.

The property fronts US Hwy 90 in DeFuniak Springs, with additional access along 20th Street. Frontage measures roughly 125 feet on 20th Street and more than 500 feet along US Hwy 90. A traffic signal is installed at the 20th Street and Hwy 90 intersection, and the site is located near schools, shopping, and other businesses. Industrial zoning applies to the property.

Key Highlights

  • Approximately 6 acres zoned industrial
  • More than 10,000 square feet across office, warehouse, and industrial shop buildings
  • Roughly 125 feet of frontage on 20th Street

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Kitchen & Bath Showroom HVAC Service Grocery & Convenience Store Auto Parts 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.

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 32433, FL

18,036
Population
8,059
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
83%
High-School Grad
251.3 sq mi
ZIP Area
72
Density / Sq Mi
$51,604
Median Household Income
$35,086
Median Earnings
$1,045
Median Rent
$152,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Multiple commercial buildings provide office, warehouse, shop, parking, and outdoor storage areas on an industrial-zoned site.
Where is this mixed-use property located?
The property is located at 428 W Us Highway 90 Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Approximately 6 acres zoned industrial; More than 10,000 square feet across office, warehouse, and industrial shop buildings; Roughly 125 feet of frontage on 20th Street
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