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    742 W Us Highway 90 Defuniak Springs, FL 32433

    For Sale
    $649,000

    1.62 acre commercial lot with existing building and frontage.

    Property Features for 742 W Us Highway 90

    General Information

    Standard status
    Active

    Source: APC REAL ESTATE GROUP LLC Agent BILLIE JENE NOWLING

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot with Highway Frontage

    This 1.62-acre commercial lot presents an investment opportunity with potential for rental income or development. The property includes a 1,044 square foot block building and features approximately 280 feet of highway frontage. The surrounding area includes businesses such as a Cefco gas station, Ace Hardware, and multiple restaurants, as well as North West Florida State College. Note that the business operating on the property is not included in the sale; only the property itself is for sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Defuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.1310003
    Latitude
    30.727003

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    FAQs

    What type of property is this?
    Commercial land - 1.62 acre commercial lot with existing building and frontage.
    Where is this commercial land located?
    The property is located at 742 W Us Highway 90 Defuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - 1.62 acre commercial lot.; - Active rental income potential.; - Approximately 280 feet of highway frontage.
    Request Owner's contact information
    742 W Us Highway 90 Defuniak Springs, FL 32433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    742 W Us Highway 90 Defuniak Springs, FL 32433
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