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

    DeFuniak Springs, FL 32435

    For Sale
    $1,649,000

    Prime 1.71-acre development site. High traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.71-acre commercial land parcel presents a unique investment opportunity in DeFuniak Springs, Florida. Strategically located on US 331 with over 315 feet of road frontage, this property boasts unparalleled access to I-10 (exit 85), placing it ideally between DeFuniak Springs and Freeport. The C-2 (Commercial General) zoning allows for a wide range of development options, including but not limited to, an interchange business, gas station, fast-food restaurant, truck stop, or hotel. The site benefits from exceptional visibility due to its location on US 331, which experiences an average annual daily traffic volume of 27,500 vehicles. This high traffic count ensures significant exposure for any developed business. The property's APN is 11-2N-19-18000-001-0040. Offered at $1,649,000 ($964,327/acre), this is one of the last available commercial parcels in the area, making it a truly rare and valuable acquisition. The property is designated as vacant commercial land and is held under investment ownership.

    Property Features for 0

    General Information

    Property type
    Land
    Lot Size
    74,488 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeFuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.122473059154
    Latitude
    30.686518110308

    Nearby Similar for Sale

    • $850,000
      21.00 Acres

      Equestrian Ranch on 21 Acres

      21-acre equestrian ranch with stables, arena, and pond.
      2748 Rock Hill Rd, Defuniak Springs, FL 32435
      View Details
    • $5,500,000
      0.97 Acres

      High-Exposure Mixed-Use Property

      Mixed-use property with highway frontage and commercial zoning.
      59 Nina St, Defuniak Springs, FL 32433
      View Details
    • Contact for pricing
      17,751 SF

      Multi-Tenant Medical Office Building

      Multi-tenant medical office building near hospital in Defuniak Springs, FL.
      4415 Hwy, Defuniak Springs, FL 32433
      View Details
    • $3,230,000
      2,300 SF

      New Development Del Taco Restaurant

      New Del Taco with 20-year NNN lease in Defuniak Springs.
      2760 Us Highway 331 S, Defuniak Springs, FL 32435
      View Details
    • $499,500

      Commercial Building with Rental Potential

      3344 SF commercial building suitable for various business uses.
      81 Fl-83, Defuniak Springs, FL 32433
      View Details
    • $629,900

      Spacious Home on 20 Acres

      Five-bedroom home on 20 acres with creek and barn.
      746 Davidson Rd, Defuniak Springs, FL 32433
      View Details

    FAQs

    What type of property is this?
    Land - Prime 1.71-acre development site. High traffic.
    Where is this land located?
    The property is located at DeFuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $1,649,000.
    (877) 518-5263
    Request Owner's contact information
    DeFuniak Springs, FL 32435
    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.
    DeFuniak Springs, FL 32435
    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
    DeFuniak Springs, FL 32435
    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.