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    Us-331 DeFuniak Springs, FL 32435

    For Sale
    $2,499,000

    DeFuniak Springs Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 25-acre commercial land parcel presents a unique investment opportunity in DeFuniak Springs, Florida. Strategically located on US Highway 331, boasting over 400 feet of road frontage, this property enjoys high visibility and accessibility. Its prime location sits between the thriving Freeport area and DeFuniak Springs, offering convenient access to the NW Florida Commerce Park (just 2,000 feet north) and the intersection of I-10 and US Highway 331 (within 3.6 miles). This key location benefits from a daily traffic count of 22,982 vehicles. The property is zoned for Commercial/Residential use, providing flexibility for a variety of development projects. Surrounded by established residential communities built by major national homebuilders, this site offers a strong potential customer base. The sheer size and location of this commercial parcel are rare in the market, making it an ideal site for hospitality ventures, storage facilities, or complementary businesses. All information is believed to be accurate but should be independently verified. The property is offered fee simple.

    Property Features for 0 Us-331

    General Information

    Property type
    Land
    Lot Size
    1,089,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeFuniak Springs
    County
    Florida
    State
    Florida
    Longitude
    -86.114816768998
    Latitude
    30.639913065088

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    FAQs

    What type of property is this?
    Land - DeFuniak Springs Development Opportunity
    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 $2,499,000.
    (850) 837-7800
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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.

    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
    Us-331 DeFuniak Springs, FL 32435
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