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    1384 Fl-20 Freeport, FL 32439

    For Sale
    $1,250,000

    2.82 Acres, Prime Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 2.82-acre commercial land parcel presents a compelling investment opportunity in Freeport, Florida. Located at 1384 FL-20, Walton County, this property boasts a prime location and significant development potential. The assemblage comprises three adjacent parcels, totaling approximately 2.82 acres, offering flexibility for various commercial ventures. Currently zoned for Residential/Neighborhood Commercial use, this land presents a unique chance to capitalize on the growing Freeport market. The property's APN is 14-1S-19-23000-012-0070, and its precise coordinates are 30.487657 latitude and -86.1153099 longitude. The asking price is $1,250,000, reflecting a significant price reduction, making this an attractive proposition for discerning investors. The substantial lot size provides ample space for a variety of commercial developments, catering to the needs of a thriving community. This property's strategic location and zoning flexibility make it an ideal investment for those seeking a strong return on investment in a rapidly developing area. The property's address is 1384 FL-20, Freeport, FL 32439. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.

    Property Features for 1384 Fl-20

    General Information

    Property type
    Land
    Lot Size
    122,839 SF

    HighLights

    • $1,250,000 asking price.
    • 2.82‑acre commercial land parcel.
    • Located in Freeport, Florida (Walton County).
    • Zoned Commercial.
    • APN: 14‑1S‑19‑23000‑012‑0070.
    • Address: 1384 FL‑20, Freeport, FL 32439.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Building Supply Auto Repair Shop Wholesale Shop Clothing Store Hair Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.1153099
    Latitude
    30.487657

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    FAQs

    What type of property is this?
    Land - 2.82 Acres, Prime Commercial Zoning
    Where is this land located?
    The property is located at 1384 Fl-20 Freeport, FL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price.; 2.82-acre commercial land parcel.; Located in Freeport, Florida (Walton County).
    Request Owner's contact information
    1384 Fl-20 Freeport, FL 32439
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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
    1384 Fl-20 Freeport, FL 32439
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