Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Magnolia Dr Freeport, FL 32439

    For Sale
    $100,000

    0.51-acre lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.51-acre vacant land parcel presents a unique investment opportunity in Freeport, Florida. Located on Magnolia Drive, this property boasts convenient access to US-331, a major thoroughfare with a daily traffic count of 25,000 vehicles. Its strategic location within the LaGrange Shores neighborhood places it in close proximity to a thriving commercial corridor featuring national retailers such as Publix, McDonald's, Waffle House, Dairy Queen, FedEx, UPS, Subway, Exxon, and Shell, among others. The property's zoning is designated as Rural Village (RV), offering flexibility for potential development. The parcel identification number is 28-1S-19-23040-00D-0310. US-331, a significant artery, stretches 150 miles, connecting Santa Rosa Beach, Florida, to Montgomery, Alabama, ensuring high visibility and accessibility. This lot presents a compelling opportunity for residential development or investment in a high-traffic area with established commercial infrastructure. The property is situated in Walton County, Florida, with a zip code of 32439. Its coordinates are 30.4707553 latitude and -86.1483218 longitude. This is a rare chance to acquire land in a rapidly growing area with significant commercial activity nearby.

    Property Features for 0 Magnolia Dr

    General Information

    Property type
    Land
    Lot Size
    22,216 SF

    HighLights

    • $100,000 asking price.
    • 0.51‑acre residential land parcel.
    • Located in Freeport, FL, Walton County, zip code 32439.
    • Rural Village zoning.
    • APN: 28‑1S‑19‑23040‑00D‑0310.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.1483218
    Latitude
    30.4707553

    Nearby Similar for Sale

    • New
      $945,000
      12.61 Acres

      Highway Frontage RV Park Opportunity

      12+ acres for RV park development with highway frontage.
      4515 St Hwy, Freeport, FL 32439
      View Details
    • $150,000
      0.91 Acres

      Freeport, FL Land with Utilities

      Large lot with septic tank and water taps included.
      72 April Ct, Freeport, FL 32439
      View Details
    • $1,299,000
      5,354 SF

      Freeport Church on US Highway

      1.53 acre property with church building in Freeport, Florida.
      17457 Us Highway 331 S, Freeport, FL 32439
      View Details
    • $1,899,000

      Bayfront Estate Versatile Income Opportunity

      3.5-acre waterfront estate ideal for events or family compound.
      13000 W State Highway 20, Freeport, FL 32439
      View Details
    • $259,000

      Verandas at Freeport Townhome

      3-bedroom, 2.5-bath townhome in Verandas at Freeport, Florida.
      36 Date Palm Ln, Freeport, FL 32439
      View Details
    • $205,000

      Updated Townhome Near Grayton Beach

      Updated 2-bedroom townhome, ideal for residence or investment.
      15284 331 Business Hwy, Freeport, FL 32439
      View Details

    FAQs

    What type of property is this?
    Land - 0.51-acre lot, prime location.
    Where is this land located?
    The property is located at Magnolia Dr Freeport, FL.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: $100,000 asking price.; 0.51-acre residential land parcel.; Located in Freeport, FL, Walton County, zip code 32439.
    (850) 977-6991
    Request Owner's contact information
    Magnolia Dr Freeport, FL 32439
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Magnolia Dr
    Freeport, FL 32439
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Magnolia Dr Freeport, FL 32439
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.