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    Us-331 DeFuniak Springs, FL 32435

    For Sale
    $5,495,000

    7.74 Acres, Hwy 331 Frontage, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7.74-acre commercial land parcel in DeFuniak Springs, Florida, presents a remarkable investment opportunity. Located on US Highway 331, this property boasts approximately 6 buildable acres and includes a parcel with an existing highway sign. Its strategic location offers unparalleled visibility and accessibility, situated adjacent to a soon-to-open Tractor Supply store and directly across from the Veteran’s Lodge development, a 150-acre master-planned community. The area is thriving with national retail presence, including Walmart, Lowe's, McDonald's, Chick-fil-A, and many other popular brands. This prime location in Walton County, Florida (zip code 32435), benefits from the state's income tax-free status, making it an even more attractive investment. The property's commercial zoning allows for a wide range of development possibilities, catering to various business needs. With its high traffic count and proximity to established businesses, this land offers significant potential for substantial return on investment. The asking price is $5,495,000.

    Property Features for 0 Us-331

    General Information

    Property type
    Land
    Lot Size
    337,154 SF

    HighLights

    • 7.74‑acre commercial land parcel with 6 buildable acres, including a highway sign on US Highway 331.
    • Adjacent to a new Tractor Supply store.
    • Directly across from a 150‑acre master‑planned community (Veteran's Lodge).
    • Surrounded by national retailers including Walmart, Lowe's, McDonald's, and Chick‑fil‑A.
    • Located in DeFuniak Springs, Florida (32435), a state with no income tax.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeFuniak Springs
    County
    Walton
    State
    Florida
    Longitude
    -86.122491627039
    Latitude
    30.681973311527

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    FAQs

    What type of property is this?
    Land - 7.74 Acres, Hwy 331 Frontage, High Traffic
    Where is this land located?
    The property is located at Us-331 DeFuniak Springs, FL.
    What is the asking price?
    The asking price for this property is $5,495,000.
    What are key features of this property?
    This property features: 7.74-acre commercial land parcel with 6 buildable acres, including a highway sign on US Highway 331.; Adjacent to a new Tractor Supply store.; Directly across from a 150-acre master-planned community (Veteran's Lodge).
    (407) 557-3847
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    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.

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    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
    Us-331 DeFuniak Springs, FL 32435
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