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    1586 Us-331 DeFuniak Springs, FL 32435

    For Sale
    $1,395,000

    Prime 3-acre C-1 zoned lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3-acre commercial land parcel is strategically located at 1586 US-331 in DeFuniak Springs, Florida, within Walton County. The property boasts a highly desirable C-1 zoning designation, as verified by the City of DeFuniak Springs Zoning Map (available online). Its prime location offers unparalleled accessibility, situated approximately 0.4 miles north of Interstate 10, providing convenient access to major transportation routes. This central location places the property within easy reach of several key areas, including South Walton County, Destin, Fort Walton Beach, Panama City, and Crestview, making it an ideal site for a variety of commercial ventures. The property's 3-acre size presents significant development potential, catering to a wide range of commercial uses permitted under the C-1 zoning classification. The parcel's address is 1586 US-331, DeFuniak Springs, FL 32435, with the APN 03-2N-19-18000-013-0000. This offering presents a rare opportunity to acquire a substantial commercial land holding in a thriving and rapidly growing region of Florida. The asking price for this exceptional property is $1,395,000.

    Property Features for 1586 Us-331

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • 3‑acre commercial land parcel in DeFuniak Springs, FL.
    • C‑1 zoning.
    • Located 0.4 miles from I‑10, providing easy access to major transportation routes and nearby cities.
    • APN 03‑2N‑19‑18000‑013‑0000.
    • $1,395,000 asking price.
    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 Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    DeFuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.122580426497
    Latitude
    30.69886852945

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    FAQs

    What type of property is this?
    Land - Prime 3-acre C-1 zoned lot
    Where is this land located?
    The property is located at 1586 Us-331 DeFuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: 3-acre commercial land parcel in DeFuniak Springs, FL.; C-1 zoning.; Located 0.4 miles from I-10, providing easy access to major transportation routes and nearby cities.
    Request Owner's contact information
    1586 Us-331 DeFuniak Springs, FL 32435
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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
    1586 Us-331 DeFuniak Springs, FL 32435
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