Prime Land Parcel with
For Sale
$897,000
4319 S US Hwy 331, Defuniak Springs, FL 32433
5-acre parcel with warehouse, high visibility, development potential.
Property SizeContact for details
Days on Market506
Property Features for 4319 S US Hwy 331
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$984
Listing Agency:
KIM & COMPANY
Listed By:
KIM E WENNERBERG · License #E3578
(850) 951-4899
Source:
Corcoran
Added: Apr 26, 2025
Changed: Mar 16
Last Checked: Mar 25 at 11:21AM
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 KIM & COMPANY
Investment Insights
Based on property information with market context.
This 5-acre parcel features 200 front feet on Hwy 331S, situated just south of I-10 and adjacent to North Walton Doctors Medical in DeFuniak Springs. The property includes a 4,000 sq ft warehouse, suitable for storage, distribution, or conversion to office or service space. Currently zoned Estate Residential, the property borders commercial zoning, presenting rezoning potential for various uses. The FDOT-reported traffic count is approximately 23,000 vehicles per day. Its adjacency to North Walton Doctors Hospital makes it suitable for ancillary medical services, clinics, therapy centers, and professional offices, as well as other commercial ventures. Other nearby healthcare facilities include LeCom Dental School and the upcoming HCA stand-alone ER, both located at the intersection of Hwy 331S and I-10. The property offers development potential in a growing corridor, with feasible rezoning to commercial unlocking value for medical and business services.
Key Highlights
- Prime location with 200 ft frontage on Hwy 331S, just south of I‑10 and adjacent to North Walton Doctors Medical.
- High traffic count (approx. 23,000 vehicles per day) reported by FDOT, providing exceptional visibility.
- Significant rezoning potential from Estate Residential to commercial due to bordering commercial zoning.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
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
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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?
Commercial land - 5-acre parcel with warehouse, high visibility, development potential.
Where is this commercial land located?
The property is located at 4319 S US Hwy 331 Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $897,000.
What are key features of this property?
This property features: Prime location with **200 ft frontage on Hwy 331S**, just south of I‑10 and adjacent to North Walton Doctors Medical.; High traffic count (approx. 23,000 vehicles per day) reported by FDOT, providing exceptional visibility.; Significant rezoning potential from Estate Residential to commercial due to bordering commercial zoning.
