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92 Acres W State Highway 20 Freeport, FL 32439

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For Sale
$12,500,000

92 acres for commercial, mixed-use, or light industrial development.

Type:Commercial/Industrial
Property size:
4,007,520 SF
Lot size:
92.00 Acres
Added:
Mar 24, 2026
Days on Market:
17
Last Refresh:
Mar 22 at 8:13 pm

Property Features for 92 Acres W State Highway 20

General Information

Standard status
Active
Size
4,007,520 SF
Lot size
92.00 Acres
Property subtype
Commercial/Industrial

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Listing Contact
Sherry L Nelson Paris

Listing agent Sherry L Nelson Paris License #3366280

Listing office Palmetto Properties & Realty LLC

Listing date Mar 24, 2026

Source Exitrealty

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 Palmetto Properties & Realty LLC


Overview

92 Acres Prime Development Land

This 92-acre property, located within Freeport city limits, presents an opportunity for commercial, mixed-use, or light industrial development. Situated directly across Highway 20 from the Hammock Bay entrance, the location is suited for new commercial development. The area is experiencing rapid growth, with new apartments under construction across Highway 20. The site is ideal for retail, a medical center, townhomes, office/warehouse space, a hotel, a grocery store, and more. 14 acres on Highway 20 are cleared and ready, featuring approximately 1320 feet of frontage and available utilities. The north 78 acres are wooded and have approximately 1500 feet of frontage on Ben King Road. The property allows for an easy commute on Highway 20 to Eglin AFB, the Mid-Bay Bridge to Destin, and east to Highway 331 for north/south travel to the Interstate or the Beach. Northwest Florida International Airport is approximately 30 minutes to the east via Highways 20 and 79.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Freeport
County
Walton
State
Florida
Longitude
-86.1355399
Latitude
30.4973423

FAQs

What type of property is this?
Commercial land - 92 acres for commercial, mixed-use, or light industrial development.
Where is this commercial land located?
The property is located at 92 Acres W State Highway 20 Freeport, FL.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: 92 Acres for Commercial, Mixed Use, or Light Industrial Development within Freeport City Limits.; Prime Location directly across from Hammock Bay entrance on Hwy 20.; 14 Acres on Hwy 20 with approx. 1320 ft of frontage, cleared, with all utilities available.
More about this property
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