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    20502 Us-331 Freeport, FL 32439

    For Sale
    $2,750,000

    Prime Freeport industrial land, Hwy 331 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.41-acre industrial land parcel boasts a prime location along the newly expanded Highway 331 in Freeport, Florida. Situated less than half a mile north of the new Choctawhatchee Bay bridge, this property offers over 310 feet of highway frontage, providing excellent visibility and accessibility. The expansive lot presents numerous opportunities for a variety of industrial uses and efficient site planning. Located in Walton County, this property is part of the burgeoning Freeport market, offering significant potential for growth and development. The asking price is $2,750,000. The APN is 04-2S-19-24000-025-0000. Prospective buyers are responsible for verifying future land use and zoning regulations with Walton County Planning & Zoning. Additional details are available upon request. This is a rare opportunity to acquire a strategically located industrial land parcel in a rapidly developing area. The property's size and highway frontage make it ideal for a wide range of industrial projects. Don't miss this chance to secure a foothold in Freeport's thriving industrial sector.

    Property Features for 20502 Us-331

    General Information

    Property type
    Land
    Lot Size
    148,540 SF

    HighLights

    • 3.41‑acre industrial land parcel in Freeport, Florida.
    • Prime location on newly expanded Highway 331, less than half a mile from the Choctawhatchee Bay bridge.
    • Over 310 feet of highway frontage for excellent visibility and accessibility.
    • $2,750,000 asking price.
    • APN: 04‑2S‑19‑24000‑025‑0000.
    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 Spa & Massage Building Supply Hair Salon Kitchen & Bath Storage Facility HVAC Service Garden Center Electrical Service Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Walton
    State
    Florida
    Longitude
    -86.150587542812
    Latitude
    30.437488779684

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    FAQs

    What type of property is this?
    Land - Prime Freeport industrial land, Hwy 331 frontage.
    Where is this land located?
    The property is located at 20502 Us-331 Freeport, FL.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: 3.41-acre industrial land parcel in Freeport, Florida.; Prime location on newly expanded Highway 331, less than half a mile from the Choctawhatchee Bay bridge.; Over 310 feet of highway frontage for excellent visibility and accessibility.
    Request Owner's contact information
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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
    20502 Us-331 Freeport, FL 32439
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